Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The company's annual fixed costs are $464,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your quer

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....
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Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The
company's annual fixed costs are $464,000.
(1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-
even point.
(2) Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even?
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even?
Break-Even Point in Dollars
Choose Numerator.
1
Choose Denominator:
E
Break-Even Point in Dollars
1111 =
Break-even point in dollars
< Required 1
Transcribed Image Text:nces Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The company's annual fixed costs are $464,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even? Break-Even Point in Dollars Choose Numerator. 1 Choose Denominator: E Break-Even Point in Dollars 1111 = Break-even point in dollars < Required 1
Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The
company's annual fixed costs are $464,000.
(1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-
even point.
(2) Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even?
Complete this question by entering your answers in the tabs below.
Required 1 Required 2
Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the
break-even point.
BLANCHARD COMPANY
Contribution Margin Income Statement (at Break-Even)
ces
Amount
Percentage
of sales
Required 2 >
*****
****
Respired
Gaved
Transcribed Image Text:Blanchard Company manufactures a single product that sells for $160 per unit and whose total variable costs are $128 per unit. The company's annual fixed costs are $464,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- even point. (2) Assume the company's fixed costs increase by $130,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) ces Amount Percentage of sales Required 2 > ***** **** Respired Gaved
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