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Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $21,000. 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 $ 35,000 Feedback C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement Sales 70,000 X Variable Costs 28.000 X Contribution Margin 42,000 X Fixed Costs 25.200 Net Income 16,800 Feedback Check My Work D. How many units will Maple need to sell in order to reach a target profit of $37,800? New break-even units 1,680 x units E. What dollar sales will Maple need in order reach a target profit of $37,800? New break-even dollars $ Feedback F. Construct a contribution margin income statement for Maple that reflects $140,000 in sales volume. Income Statement Sales Variable Costs Contribution Margin Jodood Fixed Costs Net Income
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