Ivanhoe Company has the following information available for September 2020.

Unit selling price of video game consoles		$540
Unit variable costs		$378
Total fixed costs		$68,040
Units sold		600

Compute the unit contribution margin.

Unit contribution margin

enter the unit contribution margin

eTextbook and Media

Prepare a CVP income statement that shows both total and per unit amounts.

IVANHOE COMPANY CVP Income Statement For the Month Ended September 30, 2020
		Total		Per Unit
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs		$enter a dollar amount		$enter a dollar amount
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs		enter a dollar amount		enter a dollar amount
select a summarizing line for the first part Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs		enter a total amount for the first part		$enter a total amount per unit
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs		enter a dollar amount
select a closing name for this statement Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs		$enter a total net income or loss amount

eTextbook and Media

Compute Ivanhoe break-even point in units.

Break-even point in units

enter Break-even point in units

units