EM, INC makes a single product. First year income statement is

5. Create a Variable or CVP Income Statement to the right or below for PEM, INC

6. What is the break even in units sold?

show calculation

EM, Inc makes a single product. First year income statement is $ $ 300,000.00 ( $12/unit) 190,000.00 Variable costs per unit Fixed costs Material 6.00 Overhead Labor 9.00 Selling Overhead 3.00 Selling 5.00 Units sold Units Produced End Inventory Sale price Traditional Profit & Loss Statement AA 25,000 25,000 $ 50.00 1,250,000 Sales (25,000 at $50) Cost of Goods Sold: Cost of Goods Sold (25000*30) 750,000 Gross Profit 500,000 Variable Selling (25000*5) Fixed selling 125.000 - 190,000 Net Income 185,000 5 Create a Variable or CVP Income Statement to the right or below for PEM, Inc