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Jerry's Company has the following information available for September 2020. Prepare a CVP income statements. Unit selling price of video game consoles $400 Unit variable

Jerry's Company has the following information available for September 2020.

Prepare a CVP income statements.

Unit selling price of video game consoles

$400

Unit variable costs $280
Total fixed costs $54,000
Units sold 600

a. Compute the unit contribution margin

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

c. Compute Jerry's break-even point in units

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

Please explain each step clearly and label each thing. Please explain how you get the numbers.

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