Question

Pharoah Company has the following information available for September 2020 $520 $364 Unit selling price of video game consoles Unit variable costs Total fed costs Units sold 548,360 600 Compute the unit contribution margin Unit contribution margin e Textbook and Media Prepare a CVP Income statement that shows both total and per unit amounts PHAROAH COMPANY CVP Income Statement For the Month Ended September 30, 2020 Total Per Unit e Textbook and Media Compute Pharoah' break-even point in units. Break-even point in units units

Answer 1

Units Sold Units Selling Price Variable Cost Fixed cost 600 520 364 48360 Unit Contibution Margin (Selling Price- Variable cost) 156 CVP Income Statement Contribution Income statement Total Per unit Sales 312000 520 Varaible Expense 218400 364 Contribution Margin 93600 156 Fixed Expenses 48360 Net operating Income 45240

Break Even poin in units = Fixed cost / CM per Unit 19260/156 Break Even Poin in units = 48360/156 310 CVP Income Statement at Break Even Point Contribution Income statement Total Per unit Sales (310Units) 161200 520 Varaible Expense 112840 364 Contribution Margin 48360 156 Fixed Expenses 48360 Net operating Income