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Newport News Manufacturing, Inc. has the following information available for September 2022. Unit selling price of navigational equipment $ 400 Unit variable costs $ 280
- Newport News Manufacturing, Inc. has the following information available for September 2022.
Unit selling price of navigational equipment $ 400
Unit variable costs $ 280
Total fixed costs $48,000
Units sold 500
Instructions SHOW YOUR WORK
(a) Prepare a CVP income statement that shows both total and per unit amounts.
(b) Compute Newport News break-even point in units.
NEWPORT NEWS MANUFACTURING, INC.
CVP Income Statement
For the Month Ended September 30, 2022
| Total | Per Unit | |
(b) Break-even in units:
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