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Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The onthly fixed expenses are $22,500. s the company's break-even point in units? s the company's break-even point in dollars? uct a contribution margin income statement f

Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The onthly fixed expenses are $22,500. s the company's break-even point in units? s the company's break-even point in dollars? uct a contribution margin income statement f

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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meadⓇ EA5. LO 3.2 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. 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.
Transcribed Image Text:meadⓇ EA5. LO 3.2 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. 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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