Question: Cullumber Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year Cullumber evaluated 72,000 math tests and



Cullumber Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year Cullumber evaluated 72,000 math tests and 24,000 reading tests. An income statement for last year follows, Math Testing Reading Testing Total Per Unit Total Per Unit Total Company Sales revenue $1,440,000 $20 $864,000 $36 $2,304,000 1,008,000 14 432,000 18 1.440,000 Variable expenses Contribution margin Fixed expenses $432.000 $6 $432.000 $18 864,000 432.000 Operating income $432.000 Your answer is correct. What is Cullumber's breakeven point in sales dollars? (Use your answer of breakeven units to calculate the breakeven point in dollars. Round Breakeven units and point in dollar to 0 decimal places, e... 5,275.) Breakeven sales 1152000 e Textbook and Media Attempts: unlimited In an effort to raise the demand for reading tests, managers are planning to lower the price from $36 per test to $20 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 72,000. Prepare a contribution format income statement reflecting Cullumber's new pricing and demand structure. Cullumber Profiles Contribution Income Statement Math Testing Readin Total Per Unit Total Sales Variable Expenses Contribution Margin $ $ $ Fixed Expenses Operating Income/Loss) : contribution format income statement reflecting Cullumber's new pricing and demand structure. Cullumber Profiles Contribution Income Statement festing Reading Testing Per Unit Total Per Unit Total Company $ $ $
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