2. 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 $22,500.The following names are to be considered when completing this problem:Operating IncomeVariable CostsSalesFixed Costs per UnitSelling Price per UnitVariable Cost per UnitContribution MarginFixed CostsOperating LossWhat is the company’s break-even point in units? . Use commas as needed (i.e. 1,234).What is the company’s break-even point in dollars? . Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Using the names listed above, construct a contribution margin income statement for the month of September when they will sell 900 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Maple EnterprisesContribution Margin Income StatementFor the Month of September How many units will Maple need to sell in order to reach a target profit of $45,000? Use commas as needed (i.e. 1,234).What dollar sales will Maple need in order to reach a target profit of $45,000? Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Maple EnterprisesContribution Margin Income StatementFor the Month of September

Breakeven point is the point where the contribution margin and fixed cost are equal. There is no…

Answered: ling Price per Unit Variable Cost per…

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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Question

2. 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.

The following names are to be considered when completing this problem:

Operating Income	Variable Costs	Sales
Fixed Costs per Unit	Selling Price per Unit	Variable Cost per Unit
Contribution Margin	Fixed Costs	Operating Loss

What is the company’s break-even point in units? . Use commas as needed (i.e. 1,234).
What is the company’s break-even point in dollars? . Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
Using the names listed above, construct a contribution margin income statement for the month of September when they will sell 900 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).

Maple Enterprises

Contribution Margin Income Statement

For the Month of September

How many units will Maple need to sell in order to reach a target profit of $45,000?

Use commas as needed (i.e. 1,234).
What dollar sales will Maple need in order to reach a target profit of $45,000?

Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).

Maple Enterprises

Contribution Margin Income Statement

For the Month of September