NIU Company has the following information available for September 2010. Unit selling price of video game consoles

Question:

NIU Company has the following information available for September 2010.


Unit selling price of video game consoles ........$ 400

Unit variable costs ..................$ 270

Total fixed costs ..................$52,000

Units sold .....................620


Instructions

(a) Prepare a CVP income statement that shows both total and per unit amounts.

(b) Compute NIU’s breakeven point in units.

(c) Prepare a CVP income statement for the breakeven point that shows both total and per unit amounts.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Accounting Principles

ISBN: 978-0470533475

9th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

Question Posted: