ezto.mheducation.com/hm.tpx Blanchard Company manufactures a single product that

Question

ezto.mheducation.com/hm.tpx Blanchard Company manufactures a single product that sells for $140 per unit and whose total variable costs are $112 per unit. The company's annual fixed costs are $400,400 (1) Prepare a contribution margin income statement for Blanchard Company at the break-even point. Contribution Margin Income Statement (at Break-Even) Percentage (2) Assume the company's fixed costs increase by $128,000. What amount of sales (in dollars) is needed to break even? Break-Even Point in Dollars Choose Denominator Choose Numerator: Break-Even Point in Dollars Break-even point in dollars

Explanation / Answer

1) Prepare contribution margin statement :

2) Break even pointt (dollars)

Amount % of sales Sales 140 100% Variable cost 112 80% Contribution margin 24 20% FIxed cost 400400 Break even sales 2002000

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