Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Total Per Unit Percentage Sales (1000 units) $50,000 $50 Less: Variable costs 20,000 20 Contribution Margin 30,000 30 Less: Fixed costs 25,000 Net Income 5,000

Total Per Unit Percentage Sales (1000 units) $50,000 $50 Less: Variable costs 20,000 20 Contribution Margin 30,000 30 Less: Fixed costs 25,000 Net Income 5,000

Break-even in Units = 25,000/30 Break-even in Units = 833.33 or 834 units Break-even in Dollars = 834 units x $50 Break-even in Dollars = $41,700

Can someone assist with providing excel chart?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: James Jiambalvo

3rd Edition

0470038152, 978-0470038154

More Books

Students also viewed these Accounting questions

Question

What are the pros and cons of using credit? (p. 321)

Answered: 1 week ago