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Prepare acontribution marginincome statement if Greenwich, Inc., wants to make a profit of $50,000. It hasvariable costsof $10 per unit andfixed costsof $20,000. Assume that

Prepare acontribution marginincome statement if Greenwich, Inc., wants to make a profit of $50,000. It hasvariable costsof $10 per unit andfixed costsof $20,000. Assume that 5,000 units are sold.

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Greenwich, Inc.
Contribution Margin Income Statement
Sales revenue
$?
Less Variable costs

?
Contribution Margin
$?
Less fixed costs
2000
Operating income
$ ?

How much must it charge per unit if 5,000 units are sold?

$_____ per unit

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