Question 1 10 pts Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The company's monthly fixed expenses are $72,000. 1. What is the company's break-even point in units? 2. What is the company's break-even point in dollars? 3. Prepare a contribution margin income statement for the month of January when they will sell 500 units. 4. How many units will Ker need to sell in order to realize a target profit of $120,000? 5. What dollar sales will Kerr need to generate in order to realize a target profit of $120,000? 6. Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing. Edit View Insert Format Tools Table

Kerr Manufacturing sells a single product with a selling price of $600 with variable costs per unit of $360. The company's monthly fixed expenses are $72,000. 1. What is the company's break-even point in units? 2. What is the company's break-even point in dollars? 3. Prepare a contribution margin income statement for the month of January when they will sell 500 units. 4. How many units will Kergneed to sell in order to realize a target profit of $120,000 ? 5. What dollar sales will Kerr need to generate in order to realize a target profit of $120,000 ? 6. Construct a contribution margin income statement for the month of June that reflects $600,000 in sales revenue for Kerr Manufacturing