Exercise 18-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $112 per unit. The company's annual fixed costs are $400,400. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. points 8 02:35:34 BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Percentage Amount of sales Sales Variable costs Contribution margin Fixed costs References Net income (2) Assume the company's fixed costs increase by $128,000. What amount of sales (in dollars) is needed to break even? Choose Numerator: 1 Break-Even Point in Dollars Choose Denominator: Contribution margin ratio = Break-Even Point in Dollars Total fixed costs Break-even point in dollars