(Click the icon to view the contribution margin income statement) dozen custard-filed donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the pesuicements Sales price per unit 4.00 S 8.00 Variable cost per unit 1.60 3.20 Contribution margin per unit 2.40 4.80 * Sales mix in units 1 Contribution margin 12.00 S 4.80 S 16.80 Weighted-average contribution margin per unit 280 Requirement 2. Determine Krazy Cream's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total dozens of donuts to be sold. (Complete all input fields. Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used Weighted-avg. CM = weighted-average contribution margin.) Fixed costs Target profit )- Weighted-avg. CM per unit Required sales in units 50,400 2.80 18,000 Determine Krazy Cream's monthly breakeven point in dozens of plain donuts a O Data Table - X The breakeven point is 15,000 dozen plain donuts and 3,000 do Prove your answer by preparing a summary contribution margin income staten ariable and fixed. (Enter a "0" for any zero balances.) Krazy Cream Donuts Krazy Cream Donuts Contribution Margin Income Statement Contribution Margin Income Statement Month Ended August 31, 2018 Plain Filled Total Net Sales Revenue $ 127,000 Net Sales Revenue Variable Costs Variable Costs Cost of Goods Sold 32,400 Contribution Margin Selling Costs 17,400 Fixed Costs Administrative Costs 1,000 50,800 Operating Income Contribution Margin 76,200 Fixed Costs nter any number in the edit flelds and then click Check Answer. Selling Costs 37,800 12,600 50,400 Administrative Costs parts femaining Clear All Check Answer 25,800 Operating Income
(Click the icon to view the contribution margin income statement) dozen custard-filed donuts sells for $8.00, with total variable cost of $3.20 per dozen. Read the pesuicements Sales price per unit 4.00 S 8.00 Variable cost per unit 1.60 3.20 Contribution margin per unit 2.40 4.80 * Sales mix in units 1 Contribution margin 12.00 S 4.80 S 16.80 Weighted-average contribution margin per unit 280 Requirement 2. Determine Krazy Cream's monthly breakeven point in dozens of plain donuts and custard-filled donuts. Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. We'll begin with the breakeven point. Start by selecting the formula and entering the amounts to compute the breakeven point in units for the "package" of products-total dozens of donuts to be sold. (Complete all input fields. Enter a "0" for any zero balances. Enter currency amounts to the nearest cent. Abbreviation used Weighted-avg. CM = weighted-average contribution margin.) Fixed costs Target profit )- Weighted-avg. CM per unit Required sales in units 50,400 2.80 18,000 Determine Krazy Cream's monthly breakeven point in dozens of plain donuts a O Data Table - X The breakeven point is 15,000 dozen plain donuts and 3,000 do Prove your answer by preparing a summary contribution margin income staten ariable and fixed. (Enter a "0" for any zero balances.) Krazy Cream Donuts Krazy Cream Donuts Contribution Margin Income Statement Contribution Margin Income Statement Month Ended August 31, 2018 Plain Filled Total Net Sales Revenue $ 127,000 Net Sales Revenue Variable Costs Variable Costs Cost of Goods Sold 32,400 Contribution Margin Selling Costs 17,400 Fixed Costs Administrative Costs 1,000 50,800 Operating Income Contribution Margin 76,200 Fixed Costs nter any number in the edit flelds and then click Check Answer. Selling Costs 37,800 12,600 50,400 Administrative Costs parts femaining Clear All Check Answer 25,800 Operating Income
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Prove your answer by preparing a summary contribution margin income statement at the breakeven level of sales. Show only two categories of costs: variable and fixed. (Enter a "0" for any zero balances.)
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