Carla Vista Company has the following information available for September 2020. Unit selling price of video game consoles $400 Unit variable costs $240 Total fixed costs $54,400 Units sold 600 (A) Compute the unit contribution margin. Unit contribution margin enter the unit contribution margin (B) Prepare a CVP income statement that shows both total and per unit amounts.
Carla Vista Company has the following information available for September 2020. Unit selling price of video game consoles $400 Unit variable costs $240 Total fixed costs $54,400 Units sold 600 (A) Compute the unit contribution margin. Unit contribution margin enter the unit contribution margin (B) Prepare a CVP income statement that shows both total and per unit amounts.
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 29BEB: Sales Needed to Earn Target Income Chillmax Company plans to sell 3,500 pairs of shoes at 60 each in...
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Carla Vista Company has the following information available for September 2020.
Unit selling price of video game consoles | $400 | |
Unit variable costs | $240 | |
Total fixed costs | $54,400 | |
Units sold | 600 |
(A) Compute the unit contribution margin.
Unit contribution margin | enter the unit contribution margin |
(B) Prepare a CVP income statement that shows both total and per unit amounts.
CARLA VISTA COMPANY
CVP Income Statement For the Month Ended September 30, 2020 |
||||
---|---|---|---|---|
Total
|
Per Unit
|
|||
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs |
$enter a dollar amount
|
$enter a dollar amount
|
||
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs |
enter a dollar amount
|
enter a dollar amount
|
||
select a summarizing line for the first part Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs |
enter a total amount for the first part
|
$enter a total amount per unit
|
||
select an income statement item Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs |
enter a dollar amount
|
|||
select a closing name for this statement Administrative ExpensesContribution MarginCost of Goods SoldFixed CostsGross ProfitNet Income/(Loss)SalesSelling ExpensesVariable Costs |
$enter a total net income or loss amount
|
(C) Compute Carla Vista’ break-even point in units.
Break-even point in units | enter Break-even point in units | units |
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