Marlin Motors sells a single product with a selling price of $490 with variable costs per unit of $196. The company's monthly fixed expenses are $52,920.

C. Prepare a contribution margin income statement for the month of November when they will sell 140 units. Use a minus sign for a net loss if present.

Income Statement
Sales	$
Variable Costs
Contribution Margin	$
Fixed Costs
Net Loss	$

D. How many units will Marlin need to sell in order to realize a target profit of $61,740?

New break-even units  

E. What dollar sales will Marlin need to generate in order to realize a target profit of $61,740?

New break-even dollars $

F. Construct a contribution margin income statement for the month of February that reflects $259,700 in sales revenue for Marlin Motors.

Income Statement
Sales	$
Variable Costs
Contribution Margin	$
Fixed Costs
Net Income	$

Answer rating: 100% (QA)

C Contribution Margin Income Statement for the month of November Amount Sales 68600 140 units x 490 ... View the full answer