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Hammer Company had the following functional income statement for the month of May 2022: HAMMER COMPANY Functional Income Statement For the Month Ending May 31,
Hammer Company had the following functional income statement for the month of May 2022: HAMMER COMPANY Functional Income Statement For the Month Ending May 31, 2022 Sales (30,000 units) $600,000
Cost of goods sold:
Direct materials $60,000
Direct labor 45,000
Variable manufacturing overhead 37,500
Fixed factory overhead 50,000
Gross profit
Selling and administrative expenses:
Variable $ 7,500
Fixed 20,000
Net income $ 380,000
Heaven's break-even sales in units will be.
A. 7,500 units
B. 6,200 units
C. 4,667 units
D. 5,600 units
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