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Exercise 18-10 (Static) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $180 per unit and whose variable costs are $135 per unit. The company's annual fixed costs are $562,500 Prepare a contribution margin income statement at the break-even point (2) If the company's fixed costs increase by $135,000, what amount of sales in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribuas

Exercise 18-10 (Static) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $180 per unit and whose variable costs are $135 per unit. The company's annual fixed costs are $562,500 Prepare a contribution margin income statement at the break-even point (2) If the company's fixed costs increase by $135,000, what amount of sales in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribuas

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Exercise 18-10 (Static) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $180 per unit and whose variable costs are $135 per unit. The company's annual fixed costs are $562,500. (1) Prepare a contribution margin income statement at the break-even point (2) If the company's fixed costs increase by $135,000, what amount of sales in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribution Margin Income Statement at Break-Even) ❤ 2 W W S X R मं command 3 HO PF E D $ 4 C F R Amount F an at N 5 V 225 T Percentage of sales < Prev G 6 B Required> ** 12 of 15 Y H & 7 N H U J 00. 8 H 1 M T 9 K of FF O V 3 -O L command 10 THE P A. I option 19 ( E ** -
Transcribed Image Text:Exercise 18-10 (Static) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $180 per unit and whose variable costs are $135 per unit. The company's annual fixed costs are $562,500. (1) Prepare a contribution margin income statement at the break-even point (2) If the company's fixed costs increase by $135,000, what amount of sales in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribution Margin Income Statement at Break-Even) ❤ 2 W W S X R मं command 3 HO PF E D $ 4 C F R Amount F an at N 5 V 225 T Percentage of sales < Prev G 6 B Required> ** 12 of 15 Y H & 7 N H U J 00. 8 H 1 M T 9 K of FF O V 3 -O L command 10 THE P A. I option 19 ( E ** -
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