Question
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $35. The company's monthly fixed expenses are
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Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $35. The company's monthly fixed expenses are $17,500.
A. What is the company's break-even point in units?
Break-even units fill in the blank 75614efb9fb901e_1 units
B. What is the company's break-even point in dollars?
Break-even dollars $fill in the blank 75614efb9fb901e_2
C. Construct a contribution margin income statement for the month of September when they will sell 900 units. Use a minus sign for a net loss if present.
Income Statement $fill in the blank 8182a3fa7fcdfab_2 fill in the blank 8182a3fa7fcdfab_4 $fill in the blank 8182a3fa7fcdfab_6 fill in the blank 8182a3fa7fcdfab_8 $fill in the blank 8182a3fa7fcdfab_10 D. How many units will Maple need to sell in order to reach a target profit of $38,500?
New break-even units fill in the blank a3b24d033fb9fa1_1 units
E. What dollar sales will Maple need in order to reach a target profit of $38,500?
New break-even dollars $fill in the blank a3b24d033fb9fa1_2
F. Construct a contribution margin income statement for Maple that reflects $147,000 in sales volume.
Income Statement $fill in the blank 53bf80f6f07eff8_2 fill in the blank 53bf80f6f07eff8_4 $fill in the blank 53bf80f6f07eff8_6 fill in the blank 53bf80f6f07eff8_8 $fill in the blank 53bf80f6f07eff8_10
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