Question: Using the data in thecontribution marginincome statement for Broadway, Inc., that follows, calculate (a) selling price per unit, (b)variable costsper unit, and (c)breakeven pointin units

Using the data in thecontribution marginincome statement for Broadway, Inc., that follows, calculate (a) selling price per unit, (b)variable costsper unit, and (c)breakeven pointin units and in sales dollars.

Broadway, Inc. Contribution Margin Income Statement For the Year Ended December 31
Sales (20,000 units) $16,000,000
Less variable costs:
Cost of goods sold $8,000,000
Selling, administrative, and general 4,000,000
Total variable costs 12,000,000
Contribution margin $4,000,000
Less fixed costs:
Overhead $1,200,000
Selling, administrative, and general 800,000
Total fixed costs 2,000,000
Operating income $2,000,000

a. Selling price per unit $ ?
b. Variable costs per unit $ ?
c. Breakeven in units ?units
Breakeven in dollars $ ?

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