(5).

Problem 11-28 Determining the break-even point and preparing a contribution margin income statement LO 11-3, 11-5 Lucent Manufacturing Company makes a product that it sells for S66 per unit. The company incurs variable manufacturing costs of $15 per unit. Variable selling expenses are $19 per unit, annual fixed manufacturing costs are S199,000, and fixed selling and administrative costs are S235,560 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Equation method. Break-even point in units Break-even point in dollars b. Contribution margin per unit. Contribution margin per unit Break-even point in units Break-even point in dollars