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Christina Company reports the contribution margin income statement for 2020 below. Using this information, compute Christina Company's 1) break-even point in units, 2) break-even point
Christina Company reports the contribution margin income statement for 2020 below. Using this information, compute Christina Company's 1) break-even point in units, 2) break-even point in sales dollars, 3) unit sales to achieve target pretax income, and 4) dollar sales to achieve target pretax income.
Units $ per unit Total Sales 1,700 $200 $340,000
Variable costs 1,700 130 221,000
Contribution margin 119,000
Fixed costs 84,000
Pretax income $35,000
I need the formulas to plug into excel
1) Compute the break-even point in units | ||
2) Compute the break-even point in sales dollars | ||
Target pretax income | ||
Sales (units) to achieve targeted pretax income of $56,000 | ||
Sales (dollars) to achieve targeted pretax income of $56,000 |
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