Sunn Company manufactures a single product that sells for $140 per unit and whose variable costs are $112 per unit. The company's annual fixed costs are $400.400 (1) Prepare a contribution margin income statement at the break-even point. (2) If the company's fixed costs increase by $128,000. 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) Amount Percentage of sales
Sunn Company manufactures a single product that sells for $140 per unit and whose variable costs are $112 per unit. The company's annual fixed costs are $400.400 (1) Prepare a contribution margin income statement at the break-even point. (2) If the company's fixed costs increase by $128,000. 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) Amount Percentage of sales
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Exercise 18-10 (Algo) Income reporting and break-even analysis LO P2
Sunn Company manufactures a single product that sells for $140 per unit and whose variable costs are $112 per unit. The company's
annual fixed costs are $400.400
(1) Prepare a contribution margin income statement at the break-even point.
(2) If the company's fixed costs increase by $128,000, 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)
Amount
Percentage
of sales
<Required 1
Required 2 >
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