Marlin Motors sells a single product with a selling price of $460 with variable costs per unit of $184. The company's monthly fixed expenses are $55,200. A. What is the company's break-even point in units? Break-even units units? B. What is the company's break-even point in dollars? Break-even dollars $? C. Prepare a contribution margin income statement for the month of November when they will sell 100 units. Use a minus sign for a net loss if present. Income Statement $Sales Variable Costs $Contribution Margin Fixed Costs $Net Loss
Marlin Motors sells a single product with a selling price of $460 with variable costs per unit of $184. The company's monthly fixed expenses are $55,200.
A. What is the company's break-even point in units?
Break-even units units?
B. What is the company's break-even point in dollars?
Break-even dollars $?
C. Prepare a contribution margin income statement for the month of November when they will sell 100 units. Use a minus sign for a net loss if present.
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$Sales |
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Variable Costs |
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$Contribution Margin |
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Fixed Costs |
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$Net Loss |
D. How many units will Marlin need to sell in order to realize a target profit of $60,720?
New break-even units fill in the blank c7a1b703606305a_1 units
E. What dollar sales will Marlin need to generate in order to realize a target profit of $60,720?
New break-even dollars $fill in the blank c7a1b703606305a_2
F. Construct a contribution margin income statement for the month of February that reflects $230,000 in sales revenue for Marlin Motors.
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$Sales |
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Variable Costs |
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$Contribution Margin |
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Fixed Costs |
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$Net Income |
Breakeven Point (Units) =
Breakeven Point (Dollars) =
Net Income = Sales - Variable Cost - Fixed Costs
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