Using the data in the contribution margin income statement for Sedona, Inc. as shown below, calculate

(1) Selling price per unit,

(2) Variable costs per unit, and

(3) Breakeven point in units and in sales dollars.

Transcribed Image Text:

Sedona, Inc. Contribution Margin Income Statement For the Year Ended December 31 Sales (10,000 units) Less variable costs Cost of goods sold Selling, administrative, and general Total variable costs Contribution margin Less fixed costs Overhead Selling, administrative, and general Total fixed costs Operating income $8,000,000 4,000,000 $1,200,000 800,000 $16,000,000 12,000,000 $ 4,000,000 2,000,000 $ 2,000,000 Sedona, Inc. Contribution Margin Income Statement For the Year Ended December 31 Sales (10,000 units) Less variable costs Cost of goods sold Selling, administrative, and general Total variable costs Contribution margin Less fixed costs Overhead Selling, administrative, and general Total fixed costs Operating income $8,000,000 4,000,000 $1,200,000 800,000 $16,000,000 12,000,000 $ 4,000,000 2,000,000 $ 2,000,000

Answer rating: 100% (QA)

Selling price per unit 16000000 10000 1600 ... View the full answer