Exercise 18-13

Cannes Company has the following information available for September 2014.

Unit selling price of video game consoles $612

Unit variable costs $421

Total fixed costs $76,400

Units sold 918

(a) Compute the contribution margin per unit. Contribution margin per unit?

(b) Prepare a CVP income statement that shows both total and per unit amounts?

(c) Compute Cannes' break-even point in units. Break-even point in units?

(d) Prepare a CVP income statement for the break-even point that shows both total and per unit amounts.