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Wildhorse News Manufacturing, Inc. has the following information available for September 2022. Unit selling price of navigational equipment $ 422 Unit variable costs $ 291 Total fixed costs $ 52,400 Units sold 500 (a) Your answer has been saved. See score details after the due date. Prepare a CVP income statement that shows both total and per unit amounts. WILDHORSENEWS MANUFACTURING, INC. CVP Income Statement choose the accounting period Total Per Unit select an income statement item Sales $ enter a dollar amount 211000 $ enter a dollar amount 422 select an income statement item Variable costs enter a dollar amount 145500 enter a dollar amount 291 select a summarizing line for the first part Contribution margin enter a total amount for the first part 65500 $ enter a total amount per unit 131 select an income statement item Fixed costs enter a dollar amount 52400 select a closing name for this statement Net income / (Loss) $ enter a total net income or loss amount 13100 eTextbook and Media Attempts: 1 of 1 used Question Part Score0/5 (b) Compute Wildhorse News
breakeven in units. Breakeven enter the breakeven in units units

Sagot :

BEP 340 units or $193,800 of sales Income Statement: Sales revenue  340 units x $570( 193,800) , Variable Cost  340 units x $456  (155,040), Contribution (38,760‬), Fixed cost (38,760), Operating income is 0.

What is the breakeven point calculation formula?

To calculate the break-even point in units, use the formula below: In sales dollars, the break-even point is calculated as follows: Break-Even Point (in Units) = Fixed Costs (Sales Price Per Unit - Variable Cost Per Unit). Break-Even Point = Contribution Margin - Fixed Costs (in sales dollars).

Why is that moniker given to the breakeven point?

The term "break-even point" (BEP) in accounting refers to the situation where a company's revenues and expenses were equal for a specific accounting period. It means the company "broke even," which means there were neither net profits nor losses.

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