Break-Even Point in Units

Chillmax Company plans to sell 3,500 pairs of shoes at $60 each in the coming year. Variable cost is 35% of the sales price; contribution margin is 65% of the sales price. Total fixed cost equals $78,000 (includes fixed factory overhead and fixed selling and administrative expense).

Prepare a contribution margin income statement based on the break-even point in sales dollars. Enter all amount as a positive number.

Chillmax CompanyContribution Margin Income StatementAt Break-Even Point

Total

Sales $fill in the blank eab0cfff102ef9c_1_________

Total variable cost fill in the blank eab0cfff102ef9c_2_________

Total contribution margin $fill in the blank eab0cfff102ef9c_3_________

Total fixed cost fill in the blank eab0cfff102ef9c_4____________

Operating income