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Wesley Company manufactures and sells a single product. The company's income statement at sales level of 14,000 units for last quarter follows: Sales Less: Variable
Wesley Company manufactures and sells a single product. The company's income statement at sales level of 14,000 units for last quarter follows: Sales Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income Total $840,000 584,000 336,000 21e, eee $126,000 Required: 1. What is the monthly break-even point in units sold and in sales dollars? (Round your intermediate calculations and final answers to the nearest whole number.) Break-even Point Break-even point in units sold Break-even point in sales dollars 2. Without resorting to computations, calculate the total contribution margin at the break-even point for the quarter. 20:05 Total contribution margin COM oncos 3-0. How many units would have to be sold each quarter to earn a target profit of $110.400? Use the formula method Units sold to attain target profit 3-b. Verify your answer by preparing a contribution format income statement at the target level of sales Total Unit Sales 320,400
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