1. Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The company’s monthly fixed expenses are $180,000.The following names are to be considered when completing this problem:Operating IncomeVariable CostsSalesFixed Costs per UnitSelling Price per UnitVariable Cost per UnitContribution MarginFixed CostsOperating LossWhat is the company’s break-even point in units? Use commas as needed (i.e. 1,234).What is the company’s break-even point in dollars? Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Using the names listed above, construct a contribution margin income statement for the month of October when they will sell 10,000 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Cadre, Inc.Contribution Margin Income StatementFor the Month of October How many units will Cadre need to sell in order to realize a target profit of $300,000? Use commas as needed (i.e. 1,234).What dollar sales will Cadre need to generate in order to realize a target profit of $300,000? Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Construct a contribution margin income statement for the month of November that reflects $2,400,000 in sales revenue for Cadre, Inc. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).Cadre Inc.Contribution Margin Income StatementFor the Month of November

Contribution is the difference between the selling price and variable costs. Break-even point means…

Answered: 1. Cadre, Inc., sells a single product…

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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1. Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90. The company’s monthly fixed expenses are $180,000.

The following names are to be considered when completing this problem:

Operating Income	Variable Costs	Sales
Fixed Costs per Unit	Selling Price per Unit	Variable Cost per Unit
Contribution Margin	Fixed Costs	Operating Loss

What is the company’s break-even point in units?
Use commas as needed (i.e. 1,234).
What is the company’s break-even point in dollars?
Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
Using the names listed above, construct a contribution margin income statement for the month of October when they will sell 10,000 units. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).

Cadre, Inc.

Contribution Margin Income Statement

For the Month of October

How many units will Cadre need to sell in order to realize a target profit of $300,000?
Use commas as needed (i.e. 1,234).
What dollar sales will Cadre need to generate in order to realize a target profit of $300,000?
Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
Construct a contribution margin income statement for the month of November that reflects $2,400,000 in sales revenue for Cadre, Inc. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).

Cadre Inc.

Contribution Margin Income Statement

For the Month of November

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How many units will Cadre need to sell in order to realize a target profit of $300,000?
Use commas as needed (i.e. 1,234).
What dollar sales will Cadre need to generate in order to realize a target profit of $300,000?
Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).
Construct a contribution margin income statement for the month of November that reflects $2,400,000 in sales revenue for Cadre, Inc. Rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345).

Cadre Inc.

Contribution Margin Income Statement

For the Month of November

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