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Sunn Company manufactures a single product that sells for $160 per unit and whose variable costs are $120 per unit. The company's annual fixed costs

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Sunn Company manufactures a single product that sells for $160 per unit and whose variable costs are $120 per unit. The company's annual fixed costs are $596,000. (1) Prepare a contribution margin income statement at the break-even point (2) If the company's fixed costs increase by $134,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribution Margin Income Statement (at Break-Even) Amount Parcentage of sales Sales $ 2.920,000 Variable costs (2.100,000) Contribution margin 730,000 Fixed costs 730,000 Income 0% If the company's fixed costs increase by $134,000, what amount of sales in dollars) is needed to break even? Numerator: Break-Even Point In Dollars Denominator: Break-Even Point in Dollars Break-even point in dollars 0

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