EA5. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. A. What is the company's break-even point in units? B. What is the company's break-even point in dollars? C. Construct a contribution margin income statement for the month of September when they will sell 900 units. D. How many units will Maple need to sell in order to reach a target profit of $45,000? E. What dollar sales will Maple need in order to reach a target profit of $45,000? F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
EA5. Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company's monthly fixed expenses are $22,500. A. What is the company's break-even point in units? B. What is the company's break-even point in dollars? C. Construct a contribution margin income statement for the month of September when they will sell 900 units. D. How many units will Maple need to sell in order to reach a target profit of $45,000? E. What dollar sales will Maple need in order to reach a target profit of $45,000? F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Can you please help me answer A) B) C)
Transcribed Image Text:EA5. Maple Enterprises sells a single product with a selling price of $75 and
variable costs per unit of $30. The company's monthly fixed expenses are
$22,500.
A. What is the company's break-even point in units?
B. What is the company's break-even point in dollars?
C. Construct a contribution margin income statement for the month of
September when they will sell 900 units.
D. How many units will Maple need to sell in order to reach a target profit
of $45,000?
E. What dollar sales will Maple need in order to reach a target profit of
$45,000?
F. Construct a contribution margin income statement for Maple that
reflects $150,000 in sales volume.
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