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9 10 a) The owner estimates the company will sell 20,000 cookies next month. Using this information and the May information, prepare a contribution margin

9 10 a) The owner estimates the company will sell 20,000 cookies next month. Using this information and the May information, prepare a contribution margin income statement in good format for next month. Include per unit and percentage columns. (6 marks) Number of units 20,000 11 12 Sales 13 less: variable expense 14 contribution 15 16 7 8 b) c) less: fixed cost Operating income Total Per Unit Percent $100,000 60,000 $40,000 18,000 $22,000 Calculate the breakeven point in units (cookies). (2 marks) Fixed cost Contribution per unit Breakeven in units Calculate the breakeven point in sales dollars. (2 marks). Only answer using one approach Fixed cost CM ratio TT CVR Accuor choot New

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