Net income

Read problem 22-4B i.e.22-4B_Front and 22-4B_question_continuation (Departmental Contribution to Income P3) and answer the questions that follow. Explain your work in detail and include stating the initial situation and the assumptions. Include in-text citations. At least five scholarly references are required, among them one should be the textbook as the source of data.

Plagarism – Under 15% is accepted.

Format – APA

Give the introduction about the topic

Please mention the given problem details

How did you approach to solve this with steps

Please present formulas and the results how it’s answered

Write at least 3 paragraphs about the topic

at least 3 pages on the topic

5 References

Refer to the data about Phoenix Company presented in problem 21-1A i.e.21-1A(Preparing and Analyzing Flexible Budget P1 A1).

1. Based on the data identify fixed costs, unit variable costs, and unit price
2. Re-organize the income statement in variable costing format
3. Find sales volume at breakeven and prepare income statement at breakeven

Explain your work in detail and state the initial situation and the assumptions. Include in-text citations. At least five scholarly references are required, among them one should be the textbook as the source of data.

Format – APA

Give the introduction about the topic

Please mention the given problem details

How did you approach to solve this with steps

Please present formulas and the results how it’s answered

Write at least 3 paragraphs about the topic

at least 3 pages on the topic

5 References