Question: Question 1 and 2 (write out in same format as questions) Exercise 05-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single


Exercise 05-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $126 per unit. The company's annual fixed costs are $842.400 Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs and fixed costs at the break- even point (2) Assume the company's fixed costs increase by $141,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required: Required 2 Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break even point BLANCHARD COMPANY Contribution Margin Income Statement (at Break Even) Amount Percentage of sales ON 0 SH Required 2 > Exercise 05-11 Income reporting and break-even analysis LO P2 Blanchard Company manufactures a single product that sells for $180 per unit and whose total variable costs are $126 per unit. The company's annual fixed costs are $842.400 (1) Prepare a contribution margin Income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break- (2) Assume the company's fixed costs increase by $141000 What amount of sales (in dollars) is needed to break even? even point Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume the company's fixed costs increase by $141,000. What amount of sales in dollars) is needed to break even? Choose Numerator Fixed costa per unit Break Even Point in Dollars Choose Denominator Contbution margintatio Break-Even Point in Dollars Break-even point in dollar 0
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