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Cullumber Company has the following information available for September 2022. Unit selling price of video game consoles $ 440 Unit variable costs $ 264 Total
Cullumber Company has the following information available for September 2022. Unit selling price of video game consoles $ 440 Unit variable costs $ 264 Total fixed costs $ 73.920 Units sold 600 Prepare a CVP income statement for the break-even point. CULLUMBER COMPANY CVP Income Statement For the Month Ended September 30, 2022 Total Per Unit Percent of Sales Sales $ 184800 $ 440 Variable Costs 110880 i 264 i Contribution Margin 73920 $ 174 Fixed Costs 73920 i Net Income/(Loss) $ 0
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