Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer question by showing formulas on how to exactly enter this into excel! thank you :) A l B c D i F G

Please answer question by showing formulas on how to exactly enter this into excel! thank you :)

image text in transcribed
A l B c D i F G Name: name Your score: O'Vo Name Company reports the contribution margin income statement for 2021 below. Using this information, compute Name Company's 1) break-even point in units, 2) break-even point in sales dollars, 3) unit sales to achieve target pretax income, and 4) dollar sales to achieve target pretax income. Sales 3,000 $330 $990,000 Variable costs 3,000 231 693,000 Contribution margin 297,000 Fixed costs 207,900 Pretax income $89,100 1) Compute the break-even point in units 2) Compute the break-even point in sales dollars Target pretax income $148,500 Sales (units) to achieve targeted pretax income of $148,500 Sales (dollars) to achieve targeted pretax income of $148,500

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Theory

Authors: William R Scott

5th Edition

0132072866, 978-0132072861

Students also viewed these Accounting questions