Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company’s monthly fixed expenses are $22,500.A. What is the company’s break-even point in units?B. What is the company’s break-even point in dollars?C. Construct a contribution margin income statement for the month of September when they will sell 900 units.D. How many units will Maple need to sell in order to reach a target profit of $45,000?E. What dollar sales will Maple need in order to reach a target profit of $45,000?F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5EA: Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of...
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Maple Enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. The company’s monthly fixed expenses are $22,500.
A. What is the company’s break-even point in units?
B. What is the company’s break-even point in dollars?
C. Construct a contribution margin income statement for the month of September when they will sell 900 units.
D. How many units will Maple need to sell in order to reach a target profit of $45,000?
E. What dollar sales will Maple need in order to reach a target profit of $45,000?
F. Construct a contribution margin income statement for Maple that reflects $150,000 in sales volume.

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