Required information [The following information applies to the questions displayed below.] Trevino Company makes and sells products with variable costs of $24 each. Trevino incurs annual fixed costs of $315,000. 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 Reg B2 Determine the break-even point in units and in dollars. (Do not round intermediate calculations. Round your final answers to nearest whole number.) Break-even point in units Break-even point in dollars Reg 2 > Required information [The following information applies to the questions displayed below.) Trevino Company makes and sells products with variable costs of $24 each. Trevino incurs annual fixed costs of $315,000 The current sales price is $87 Note: The requirements of this question are interdependent. For example, the $252,000 desired profit introduced in Requirement 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. Reg 31 Reg 2 Prepare an income statement using the contribution margin format. (Do not round Intermediate calculations, Round your final answers to nearest whole number) TREVINO COMPANY Income Statement Sales Variable cost Contribution margin Fixed cost (315,000) Net income (los) 44 Next > Trevino Company makes and sells products with variable costs of $24 each. Trevino incurs annual fixed costs of $315,000. 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. d. If the sales price drops to $80 per unit, what level of sales is required to earn the desired profit? Express your answer in units and dollars. Prepare an income statement using the contribution margin format. Complete this question by entering your answers in the tabs below. Reg 01 Reg 2 If the sales price drops to $80 per unit, prepare an income statement Using the contribution margin format TREVINO COMPANY Income Stement
