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Michael Neumann Company reports the contribution margin income statement for 2022 below. Using this information, compute Michael Neumann Company's 1) break-even point in units,
Michael Neumann Company reports the contribution margin income statement for 2022 below. Using this information, compute Michael Neumann Company's 1) break-even point in units, 2) break-even point in sales dollars, 3) unit sales to achieve target income, and 4) dollar sales to achieve target income. Sales Variable costs Contribution margin Fixed costs D Income 1 2 Units $ per unit 2,900 $320 Total $928,000 2,900 240 696,000 232,000 160,000 $72,000 15 16 3456 + 1) Compute the break-even point in units 2,000 2) Compute the break-even point in sales dollars
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