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Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of $24. The company's monthly fixed expenses are
Maple Enterprises sells a single product with a selling price of $60 and variable costs per unit of $24. The company's monthly fixed expenses are $18,000. A. What is the company's break-even point in units? Break-even units 500 units B. What is the company's break-even point in dollars? Break-even dollars $ 30,000 Feedback C. Construct contribution margin income statement for the month of September when they will sell 1,000 units. Use a minus sign for a net loss if present. Income Statement Sales $ 60,000 Variable Costs 24,000 Contribution Margin $ 24,000 X Fixed Costs 18,000 Net Income X $ 6,000 x Feedback D. How many units will Maple need to sell in order to reach a target profit of $32,400? New break-even units units E. What dollar sales will Maple need in order to reach target profit of $32,400? New break-even dollars $ Feedback F. Construct a contribution margin income statement for Maple that reflects $126,000 in sales volume. Income Statement
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