Break-even point in units sold Break-even point in sales dollars Break even Point

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Wesley Company manufactures and sells a single product. The company's income statement at sales level of 25,500 units for last
quarter follows:
Sales
Less: Variable expenses
Contribution margin
Less: Fixed expenses
Net operating income
Total
$1,020,000
714,000
106,000
249,084
56,916
Required:
1. What is the monthly break-even point in units sold and in sales dollars? (Round your Intermediate calculations and final answers to
the nearest whole number.)
Break-even point in units sold
Break-even point in sales dollars
Break even
Point
Transcribed Image Text:Wesley Company manufactures and sells a single product. The company's income statement at sales level of 25,500 units for last quarter follows: Sales Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income Total $1,020,000 714,000 106,000 249,084 56,916 Required: 1. What is the monthly break-even point in units sold and in sales dollars? (Round your Intermediate calculations and final answers to the nearest whole number.) Break-even point in units sold Break-even point in sales dollars Break even Point
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