Question
1) Given the following contribution format income statement, calculate break-even in units. Sales (50,000 units) $ 1,200,000 Variable expenses 550,000 Contribution margin 650,000 Fixed expenses
1) Given the following contribution format income statement, calculate break-even in units.
Sales (50,000 units) | $ 1,200,000 |
Variable expenses | 550,000 |
Contribution margin | 650,000 |
Fixed expenses | 124,800 |
Net operating income | $ 525,200 |
You must format your answers as follows: x,xxx
1a) Price and cost information relating to Marble, Ltd's only product is shown below:
Selling price per unit | $22.00 |
Variable expense per unit | $14.30 |
Fixed expense per month | $420,000 |
The break-even in sales dollars is _______.
You must enter your answer in the following format: $x,xxx
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