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Exercise 18-10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $104 per unit and whose
Exercise 18-10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $104 per unit and whose variable costs are $78 per unit. The company's annual fixed costs are $369,200. its (1) Prepare a contribution margin income statement at the break-even point. eBook Hint eferences (2) If the company's fixed costs increase by $127,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage: of sales Sales $ Variable costs 1,984,800 1,488,600 100% 75% Contribution margin 369,200 25% Fixed costs 369,200 Income $ Required 1 Required 2 >
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