4. Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $152 per unit. The company's annual fixed costs are $562,400. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Sales Variable costs Contribution margin Fixed costs Net income (2) Assume the company's fixed costs increase by $133,000. What amount of sales (in dollars) is needed to break even? Choose Numerator: Y Percentage of sales 1 Break-Even Point in Dollars Choose Denominator: = Break-Even Point in Dollars Break-even point in dollars
4. Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable costs are $152 per unit. The company's annual fixed costs are $562,400. (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Amount Sales Variable costs Contribution margin Fixed costs Net income (2) Assume the company's fixed costs increase by $133,000. What amount of sales (in dollars) is needed to break even? Choose Numerator: Y Percentage of sales 1 Break-Even Point in Dollars Choose Denominator: = Break-Even Point in Dollars Break-even point in dollars
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Don't give answer in image
![4.
Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable
costs are $152 per unit. The company's annual fixed costs are $562,400.
(1) Prepare a contribution margin income statement for Blanchard Company at the break-even point.
BLANCHARD COMPANY
Contribution Margin Income Statement (at Break-Even)
Sales
Variable costs
Contribution margin
Fixed costs
Net income
Amount
Choose Numerator:
Percentage
of sales
(2) Assume the company's fixed costs increase by $133,000. What amount of sales (in dollars) is needed to
break even?
Break-Even Point in Dollars
1 Choose Denominator:
= Break-Even Point in Dollars
Break-even point in dollars](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1cad2310-520f-4943-8e7d-2b8153579328%2F2fb3dc67-6918-44bc-a348-7144dc24f7c7%2Flmllhn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:4.
Blanchard Company manufactures a single product that sells for $190 per unit and whose total variable
costs are $152 per unit. The company's annual fixed costs are $562,400.
(1) Prepare a contribution margin income statement for Blanchard Company at the break-even point.
BLANCHARD COMPANY
Contribution Margin Income Statement (at Break-Even)
Sales
Variable costs
Contribution margin
Fixed costs
Net income
Amount
Choose Numerator:
Percentage
of sales
(2) Assume the company's fixed costs increase by $133,000. What amount of sales (in dollars) is needed to
break even?
Break-Even Point in Dollars
1 Choose Denominator:
= Break-Even Point in Dollars
Break-even point in dollars
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![FINANCIAL ACCOUNTING](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9781259964947/9781259964947_smallCoverImage.jpg)
![Accounting](https://www.bartleby.com/isbn_cover_images/9781337272094/9781337272094_smallCoverImage.gif)
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
![Accounting Information Systems](https://www.bartleby.com/isbn_cover_images/9781337619202/9781337619202_smallCoverImage.gif)
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
![Horngren's Cost Accounting: A Managerial Emphasis…](https://www.bartleby.com/isbn_cover_images/9780134475585/9780134475585_smallCoverImage.gif)
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
![Intermediate Accounting](https://www.bartleby.com/isbn_cover_images/9781259722660/9781259722660_smallCoverImage.gif)
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
![Financial and Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781259726705/9781259726705_smallCoverImage.gif)
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education