%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre
%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:%24
%24
y Home
ngageNov2 | Online teachin x
CD (29) Tory Lanez Feels (F
com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse
eBook
C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou
D. How many units will Maple need to sell in order to reach a target profit of $50,400?
New break-even units
X units
E. What dollar sales will Maple need in order to reach a target profit of $50,400?
New break-even dollars $
Feedback
Check My Work
F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume.
Income Statement
Sales
168,000
Variable Costs
Contribution Margin
Fixed Costs
Net Income
Feedback
Transcribed Image Text:My Home
gagevevVv2 | Online teachin x
O ) (29) Tory Lanez Feels (feat x+
w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false
eBook
Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400.
A. What is the company's break-even point in units?
Break-even units
V units
000
B. What is the company's break-even point in dollars?
Break-even dollars $
A 000'te
Feedback
Check My Work
A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u
all the fixed costs in order to break even?
B. This is the amount from the total sale. What is multiplied times the units to determine this?
C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present.
Income Statement
24
19,200 V
Sales
000
Variable Costs
Contribution Margin
44,800
Fixed Costs
22,400
Net Incrome
Pre
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