Live stream: Blitz Tea × ? Connect a Chegg Study | Guided Sc Ch 05 Ex 5-11 6 Hel

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Live stream: Blitz Tea × ? Connect a Chegg Study | Guided Sc Ch 05 Ex 5-11 6 Help Save& Exit Submit Saved my work Exercise 5-11 Income reporting and break-even analysis LO P2 12 points Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The company's annual fixed costs are $432,000 (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. eBook Hint BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Percentage of sales Amount Print (2) Assume the company's fixed costs increase by $129,000. What amount of sales (in dollars) is needed to break even? Graw Prev 1ofl Next 9:11 PM O Type here to search 4/27/2018

Explanation / Answer

2.

Breakeven point sales in units = Fixed costs / Contribution margin Breakeven point sales in units = $432,000 / ($120-$90) Breakeven point sales in units = 14,400

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