Solution from requirement c
Requirement c
Income Statement | |
Sales price | $ 60,000 |
Variable cost | $ 24,000 |
Contribution margin | $ 36,000 |
Fixed cost | $ 18,000 |
Income | $ 18,000 |
Requirement d and e
Breakeven point in units | 1,400 |
Breakeven in sales dollars | $ 84,000.00 |
Requirement f
Income Statement | |
Sales price | $ 126,000 |
Variable cost | $ 50,400* |
Contribution margin | $ 75,600 |
Fixed cost | $ 18,000 |
Income | $ 57,600 |
*126000/60 x 24
The CM ratio remains same when sales increase to 126000
Maple Enterprises sells a single product with a selling price of $60 and variable costs per...
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