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Please show work for the income statement. Thank you! Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 19,000 units at
Please show work for the income statement. Thank you!
Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 19,000 units at a price of $390 each. Product costs include: Variable selling expense is a commission of 5 percent of price; fixed selling and administrative expenses total $88,200. Required: 1. Calculate the sales commission per unit sold. If required, round your answers to the nearest dollar. Use rounded answers in subsequent computations. $ per unit Calculate the contribution margin per unit. $ per unit 2. How many units must Jay-Zee Company sell to break even? Round your answer to the nearest whole number. units Prepare an income statement for the calculated number of units. If an amount is zero, enter "0". Do NOT round Break-even units and, if required, round your answer to the nearest dollar
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