Question: What is the correct answer for D? Question 5 2.79/3 Billings Company has the following information available for September 2017 Unit selling price of video
Question 5 2.79/3 Billings Company has the following information available for September 2017 Unit selling price of video game consoles Unit variable costs Total fixed costs Units sold $ 564 $395 $76,050 846 Your answer is correct. Compute the unit contribution margin. Unit contribution margin 169 Attempts: 1 of 7 used Your answer is correct Prepare a CVP income statement that shows both total and per unit amounts. BILLINGS COMPANY CVP Income Statement For the Month Ended September 30, 2017 Total Per Unit Sales 477,144 564 Variable Costs 334,170 395 Contribution Margin 42974$ 169 Fixed Costs 76,050 Net Income/Loss) 66.924 Attempts: 2 of 7 used Your answer is correct Compute Billings' break-even point in units Break-even point in units 450 units Attempts: 1 of 7 used Your answer is partially correct. Prepare a CVP income statement for the break-even point that shows both total and per unit amounts. BILLINGS COMPANY CVP Income Statement For the Month Ended September 30, 2017 Total Per Unit Sales 477.144$ 564 Variable Costs 334,170 395 Contribution Margin 142,974$ 169 Fixed Costs 76,050 Net Income/Loss) S 66.924 Attempts: 1 of 7 used c Check
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