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ABC Company's income statement for the most recent year appears below:

Sales (45,000 units) $1,350,000

Less: variable expenses 750,000

Contribution margin 600,000

Less: fixed expenses 375,000

Net operating income $225,000

Required:

a. find out the unit contribution margin.

b. find out the break-even point in dollars.

c. If the company desires a net operating income of $290,000, how many units must it sell?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M940034

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