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 Sales Variable Costs Contribution Margin Fixed Costs 16,800

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Chapter27: Lean Principles, Lean Accounting, And Activity Analysis
Section: Chapter Questions
Problem 27.20EX
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Gross Profit
D. How many units will Maple need to sell in order to reach a target profit of $42,000?
New break-even units
units
E. What dollar sales will Maple need in order to reach a target profit of $42,000?
New break-even dollars $
Feedback
F. Construct a contribution margin income statement for Maple that reflects $133,000 in sales volume.
Income Statement
Sales
Variable Costs
Contribution Margin
Fixed Costs
Net Income
Feedback
Check My Work
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All work saved.
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Transcribed Image Text:takeAssignment/takeAssignmentMain.do?invoker%3D&takeAssignmentSessionLocator=&inprogress=false eBook Gross Profit D. How many units will Maple need to sell in order to reach a target profit of $42,000? New break-even units units E. What dollar sales will Maple need in order to reach a target profit of $42,000? New break-even dollars $ Feedback F. Construct a contribution margin income statement for Maple that reflects $133,000 in sales volume. Income Statement Sales Variable Costs Contribution Margin Fixed Costs Net Income Feedback Check My Work ( Pre All work saved. Email Instructor Save and Exi Subm
hapter 3 Assignment - ACCT-2 x
* CengageNOWv2 | Online teachin x
C Given The Following Frequency T X
/takeAssignment/takeAssignmentMain.do?invoker=D&takeAssignmentSessionLocator=&inprogress3false
eBook
Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $16,800.
A. What is the company's break-even point in units?
Break-even units
400
V units
B. What is the company's break-even point in dollars?
Break-even dollars
28,000 V
Feedback
Check My Work
A. Wh
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 units to sell to cove
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
Sales
Variable Costs
Contribution Margin
Fixed Costs
16,800
Check My Work
Previous
Ne
Transcribed Image Text:hapter 3 Assignment - ACCT-2 x * CengageNOWv2 | Online teachin x C Given The Following Frequency T X /takeAssignment/takeAssignmentMain.do?invoker=D&takeAssignmentSessionLocator=&inprogress3false eBook Maple Enterprises sells a single product with a selling price of $70 and variable costs per unit of $28. The company's monthly fixed expenses are $16,800. A. What is the company's break-even point in units? Break-even units 400 V units B. What is the company's break-even point in dollars? Break-even dollars 28,000 V Feedback Check My Work A. Wh 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 units to sell to cove 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 Sales Variable Costs Contribution Margin Fixed Costs 16,800 Check My Work Previous Ne
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As per the honor code, we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and specify the other subparts (up to 3) you’d like an answer to. 

Here, the a & b part answer is correct, therefore, I'm answering the next 3 subparts which are c, d, and e. 

Cost-volume-profit analysis is done to determine the change in operating income due to change in any aspect of production such as a change in cost results in a change in volume and profit. 

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