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%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre

%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre

Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter16: Manufacturing Accounting (mfg)
Section: Chapter Questions
Problem 4R: Open MFG2 and click the Chart sheet tab. The management of Twisp is convinced that the quality of...
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%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback
Transcribed Image Text:%24 %24 y Home ngageNov2 | Online teachin x CD (29) Tory Lanez Feels (F com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress%3Dfalse eBook C. Remember that the statement determines contribution margin, then determines net income (loss) after subtracting another amou D. How many units will Maple need to sell in order to reach a target profit of $50,400? New break-even units X units E. What dollar sales will Maple need in order to reach a target profit of $50,400? New break-even dollars $ Feedback Check My Work F. Construct a contribution margin income statement for Maple that reflects $168,000 in sales volume. Income Statement Sales 168,000 Variable Costs Contribution Margin Fixed Costs Net Income Feedback
My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre
Transcribed Image Text:My Home gagevevVv2 | Online teachin x O ) (29) Tory Lanez Feels (feat x+ w.com/ilrn/takeAssignment/takeAssignmentMan.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Maple Enterprises sells a single product with a selling price of $80 and variable costs per unit of $24. The company's monthly fixed expenses are $22,400. A. What is the company's break-even point in units? Break-even units V units 000 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'te Feedback Check My Work A. When making a sale, how much is left after covering variable costs to cover fixed costs? How can this amount be used to determine the amount of u all the fixed costs in order to break even? B. This is the amount from the total sale. What is multiplied times the units to determine this? C. Construct a contribution margin income statement for the month of September when they will sell 800 units. Use a minus sign for a net loss if present. Income Statement 24 19,200 V Sales 000 Variable Costs Contribution Margin 44,800 Fixed Costs 22,400 Net Incrome Pre
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