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Sandhill Company has the following information available for September 2022. Unit selling price of video game consoles $580 Unit variable costs $464 Total fixed costs

Sandhill Company has the following information available for September 2022.

Unit selling price of video game consoles $580
Unit variable costs $464
Total fixed costs $34,800
Units sold 600

Compute the unit contribution margin.

Unit contribution margin $enter the unit contribution margin in dollars

eTextbook and Media

Prepare a CVP income statement.

SANDHILL COMPANY CVP Income Statement choose the accounting period For the Month Ended September 30, 2022September 30, 2022For the Quarter Ended September 30, 2022

Total

Per Unit

Percent of Sales

select an income statement item Administrative ExpensesContribution MarginNet Income/(Loss)SalesCost of Goods SoldSelling ExpensesGross ProfitVariable CostsFixed Costs

$enter a dollar amount

$enter a dollar amount

enter percentages %

select an income statement item Fixed CostsSelling ExpensesSalesAdministrative ExpensesContribution MarginNet Income/(Loss)Cost of Goods SoldGross ProfitVariable Costs

enter a dollar amount

enter a dollar amount

enter percentages %

select a summarizing line for the first part Selling ExpensesGross ProfitSalesCost of Goods SoldAdministrative ExpensesVariable CostsContribution MarginNet Income/(Loss)Fixed Costs

enter a total amount for the first part

$enter a total amount per unit

enter total percentages %

select an income statement item Selling ExpensesAdministrative ExpensesCost of Goods SoldGross ProfitSalesFixed CostsNet Income/(Loss)Variable CostsContribution Margin

enter a dollar amount

select a closing name for this statement Variable CostsSalesFixed CostsAdministrative ExpensesGross ProfitContribution MarginCost of Goods SoldSelling ExpensesNet Income/(Loss)

$enter a total net income or loss amount

eTextbook and Media

Compute Sandhill break-even point in sales units.

Break-even point in units enter the break-even point in units units

eTextbook and Media

Prepare a CVP income statement for the break-even point.

SANDHILL COMPANY CVP Income Statement choose the accounting period For the Quarter Ended September 30, 2022September 30, 2022For the Month Ended September 30, 2022

Total

Per Unit

Percent of Sales

select an income statement item Selling ExpensesContribution MarginCost of Goods SoldVariable CostsNet Income/(Loss)Gross ProfitAdministrative ExpensesSalesFixed Costs

$enter a dollar amount

$enter a dollar amount

enter percentages %

select an income statement item Administrative ExpensesGross ProfitVariable CostsContribution MarginFixed CostsSalesSelling ExpensesNet Income/(Loss)Cost of Goods Sold

enter a dollar amount

enter a dollar amount

enter percentages %

select a summarizing line for the first part Contribution MarginSalesCost of Goods SoldAdministrative ExpensesFixed CostsGross ProfitSelling ExpensesNet Income/(Loss)Variable Costs

enter a total amount for the first part

$enter a total amount per unit

enter total percentages %

select an income statement item Selling ExpensesCost of Goods SoldContribution MarginGross ProfitFixed CostsVariable CostsAdministrative ExpensesSalesNet Income/(Loss)

enter a dollar amount

select a closing name for this statement Gross ProfitFixed CostsCost of Goods SoldSalesSelling ExpensesContribution MarginVariable CostsNet Income/(Loss)Administrative Expenses

$enter a total net income or loss amount

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