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1/1 (28) MMM MMM (The Rem X.+ com/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=Dtrue Marlin Motors sells a single product with a selling price of $300 with variable costs per unit of $150. The company's monthly fixed expenses are $30,000. A. What is the company's break-even point in units? Break-even units 200 units B. What is the company's break-even point in dollars? Break-even dollars $ 000'09 C. Prepare a contribution margin income statement for the month of November when they will sell 130 units. Use a minus sign for a net loss if present. Income Statement Sales 2$ 19,500 000'6 Variable Costs Contribution Margin %24 19,500 Fixed Costs 000'0 Net Loss 24 -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 ( Previous Subm All work saved. 29°F Sunny ^ O 五 dy f12 prt sc delete LLJ 144 %24 %24 %24 %24 com/ilm/takeAssignment/takeAssignmentMam.ao?inprogress=true Sales 24 19,500 000' Variable Costs Contribution Margin 19,500 Fixed Costs 000'08 Net Loss -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 F. Construct a contribution margin income statement for the month of February that reflects $150,000 in sales revenue for Marlin Motors. Income Statement Sales 2$ 000'0ST Variable Costs 000's Contribution Margin 75,000 Fixed Costs 000'0E 45,000 Net Income All work saved. 29°F Sunny

1/1 (28) MMM MMM (The Rem X.+ com/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=Dtrue Marlin Motors sells a single product with a selling price of $300 with variable costs per unit of $150. The company's monthly fixed expenses are $30,000. A. What is the company's break-even point in units? Break-even units 200 units B. What is the company's break-even point in dollars? Break-even dollars $ 000'09 C. Prepare a contribution margin income statement for the month of November when they will sell 130 units. Use a minus sign for a net loss if present. Income Statement Sales 2$ 19,500 000'6 Variable Costs Contribution Margin %24 19,500 Fixed Costs 000'0 Net Loss 24 -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 ( Previous Subm All work saved. 29°F Sunny ^ O 五 dy f12 prt sc delete LLJ 144 %24 %24 %24 %24 com/ilm/takeAssignment/takeAssignmentMam.ao?inprogress=true Sales 24 19,500 000' Variable Costs Contribution Margin 19,500 Fixed Costs 000'08 Net Loss -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 F. Construct a contribution margin income statement for the month of February that reflects $150,000 in sales revenue for Marlin Motors. Income Statement Sales 2$ 000'0ST Variable Costs 000's Contribution Margin 75,000 Fixed Costs 000'0E 45,000 Net Income All work saved. 29°F Sunny

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 6EA: Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of...
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1/1 (28) MMM MMM (The Rem X.+ com/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=Dtrue Marlin Motors sells a single product with a selling price of $300 with variable costs per unit of $150. The company's monthly fixed expenses are $30,000. A. What is the company's break-even point in units? Break-even units 200 units B. What is the company's break-even point in dollars? Break-even dollars $ 000'09 C. Prepare a contribution margin income statement for the month of November when they will sell 130 units. Use a minus sign for a net loss if present. Income Statement Sales 2$ 19,500 000'6 Variable Costs Contribution Margin %24 19,500 Fixed Costs 000'0 Net Loss 24 -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 ( Previous Subm All work saved. 29°F Sunny ^ O 五 dy f12 prt sc delete LLJ 144
Transcribed Image Text:1/1 (28) MMM MMM (The Rem X.+ com/ilrn/takeAssignment/takeAssignmentMam.ao?inprogress=Dtrue Marlin Motors sells a single product with a selling price of $300 with variable costs per unit of $150. The company's monthly fixed expenses are $30,000. A. What is the company's break-even point in units? Break-even units 200 units B. What is the company's break-even point in dollars? Break-even dollars $ 000'09 C. Prepare a contribution margin income statement for the month of November when they will sell 130 units. Use a minus sign for a net loss if present. Income Statement Sales 2$ 19,500 000'6 Variable Costs Contribution Margin %24 19,500 Fixed Costs 000'0 Net Loss 24 -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 ( Previous Subm All work saved. 29°F Sunny ^ O 五 dy f12 prt sc delete LLJ 144
%24 %24 %24 %24 com/ilm/takeAssignment/takeAssignmentMam.ao?inprogress=true Sales 24 19,500 000' Variable Costs Contribution Margin 19,500 Fixed Costs 000'08 Net Loss -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 F. Construct a contribution margin income statement for the month of February that reflects $150,000 in sales revenue for Marlin Motors. Income Statement Sales 2$ 000'0ST Variable Costs 000's Contribution Margin 75,000 Fixed Costs 000'0E 45,000 Net Income All work saved. 29°F Sunny
Transcribed Image Text:%24 %24 %24 %24 com/ilm/takeAssignment/takeAssignmentMam.ao?inprogress=true Sales 24 19,500 000' Variable Costs Contribution Margin 19,500 Fixed Costs 000'08 Net Loss -10,500 D. How many units will Marlin need to sell in order to realize a target profit of $28,500? New break-even units 390 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $28,500? New break-even dollars $ 117,000 F. Construct a contribution margin income statement for the month of February that reflects $150,000 in sales revenue for Marlin Motors. Income Statement Sales 2$ 000'0ST Variable Costs 000's Contribution Margin 75,000 Fixed Costs 000'0E 45,000 Net Income All work saved. 29°F Sunny
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