part D

*Exercise 22-13 a-d (Part Level Submission) Ivanhoe Company has the following information available for September 2020. Unit selling price of video game consoles Unit variable costs Total fixed costs Units sold $480 $336 $63.360 600 *(a) Your answer is correct. Compute the unit contribution margin. Unit contribution margin 144 Attempts: 1 of 3 used *(b) Your answer is correct. Prepare a CVP income statement that shows both total and per unit amounts. IVANHOE COMPANY CVP Income Statement For the Month Ended September 30, 2020 Total Per Unit Sales $1288000 $1480 Variable Costs (201600 3 36 Contribution Margin 186400 $1144 Fixed Costs 163360 [Net Income/(Loss) $123040 Attempts: 1 of 3 used Your answer is correct. Compute Ivanhoe' break-even point in units. Break-even point in units M40 units Attempts: 1 of 3 used *(d) Prepare a CVP income statement for the break-even point that shows both total and per unit amounts. IVANHOE COMPANY CVP Income Statement For the Month Ended September 30, 2020 Total Per Unit Attempts: 0 of 3 used