Maggie Company had the following functional income statement for the month of May, 2020: MAGGIE COMPANY...

 

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Maggie Company had the following functional income statement for the month of May, 2020: MAGGIE COMPANY Functional Income Statement For the Month Ending May 31, 2020 Sales (30,000 units) $300,000 Cost of goods sold: Direct materials $30,000 Direct labor 22,500 Variable manufacturing overhead 18,750 Fixed factory overhead 20,000 Gross profit 91,250 $208,750 Selling and administrative expenses: Variable $ 3,750 10,000 13,750 $195,000 Calculate Maggie's break-even sales in units. Fixed Net income Maggie Company had the following functional income statement for the month of May, 2020: MAGGIE COMPANY Functional Income Statement For the Month Ending May 31, 2020 Sales (30,000 units) $300,000 Cost of goods sold: Direct materials $30,000 Direct labor 22,500 Variable manufacturing overhead 18,750 Fixed factory overhead 20,000 Gross profit 91,250 $208,750 Selling and administrative expenses: Variable $ 3,750 10,000 13,750 $195,000 Calculate Maggie's break-even sales in units. Fixed Net income