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! Required information [The following information applies to the questions displayed below.] Gibson Company makes and sells products with variable costs of $24 each.
! Required information [The following information applies to the questions displayed below.] Gibson Company makes and sells products with variable costs of $24 each. Gibson incurs annual fixed costs of $403,200. The current sales price is $87. Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements. b. Determine the break-even point in units and in dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Req B1 Req B2 Determine the break-even point in units and in dollars. (Do not round intermediate calculations. Round your final answers to the nearest del xt whole unit.) This is a numeric cell, so please enter numbers only. Break-even po Break-even point in dollars
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