Exercise 5-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $104 per unit and whose total variable costs are $78 per unit. The company's annual fixed costs are $369,200. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage of sales (2) Assume the company's fixed costs increase by $127,000. What amount of sales (in dollars) is needed to break even? Break-Even Point in Dollars Choose Denominator: Choose Numerator: I - = Break-Even Point in Dollars Break-even point in dollars