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4. Cost Volume Profit Analysis 1. Sales Price = 100 2. Variable cost = 65 3. Fixed costs=300,000 1. Prepare the Contribution Margin Income Statement
4. Cost Volume Profit Analysis 1. Sales Price = 100 2. Variable cost = 65 3. Fixed costs=300,000 1. Prepare the Contribution Margin Income Statement if we sell 10,000 units and answer the following questions. 1. What is the Total Revenue? 2. What is Net Income? 3. What is the total Variable Cost? 2. Prepare the Contribution Margin Income Statement at the Break even point and answer the following questions. 1. What is total Contribution Margin? 2. How many units must be sold to break even? 3. What is the UCM? 3. Prepare the Contribution Margin Income statement where the Target Profit is $100,000 and answer the following questions. 1. What is the total revenue? 2. What is the total contribution margin? 4. If Variable costs are increased by 5 and fixed costs are decreased by 50,000 prepare the new Contribution Margin Income Statement for the break even point and answer the following questions 1. What is the total Revenue? 2. How many units are required to break even
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