Question
The following is last month's contribution format income statement: Sales (10,000 units) $1,200,000 Less variable expenses 800,000 Contribution margin 400,000 Less fixed expenses 240,000 Net
The following is last month's contribution format income statement:
| Sales (10,000 units) | $1,200,000 |
| Less variable expenses | 800,000 |
| Contribution margin | 400,000 |
| Less fixed expenses | 240,000 |
| Net income | $160,000 |
What is the company's break-even sales in units?
| 6,000 units. | ||
| 8,000 units. | ||
| 0 units. | ||
| 12,000 units. |
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
13th edition
978-1285868806, 1285868803, 978-1305691254, 978-1305465640, 1305465644, 978-1285866307
