Marlin Motors sells a single product with a selling A. What is the company's break-even point in units? Break-even units 170 V units B. What is the company's break-even point in dollars? Break-even dollars $ 78,200 Eendback C. Prepare a contribution margin income statement for the month of November when they will sell 120 units. Use a minus sign for a net loss if present. Income Statement Sales v 55.200 V Variable Costs v 16,560 Contribution Margin v 38,640 Fixed Costs 54,740 V Net Loss -16,100 V Feedback D. How many units will Marlin.need to sell in order to realize a target profit of $67,620? New break-even units 380 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $67,620? New break-even dollars s 174,800 Feedback F. Construct a contribution margin income statement for the month of February that reflects $230,000 in sales revenue for Marlin Motors. Income Statement Sales v 230,000 Variable Costs Contribution Margin v Fixed Costs Net Incomev Feedback Feedback

Marlin Motors sells a single product with a selling A. What is the company's break-even point in units? Break-even units 170 V units B. What is the company's break-even point in dollars? Break-even dollars $ 78,200 Eendback C. Prepare a contribution margin income statement for the month of November when they will sell 120 units. Use a minus sign for a net loss if present. Income Statement Sales v 55.200 V Variable Costs v 16,560 Contribution Margin v 38,640 Fixed Costs 54,740 V Net Loss -16,100 V Feedback D. How many units will Marlin.need to sell in order to realize a target profit of $67,620? New break-even units 380 units E. What dollar sales will Marlin need to generate in order to realize a target profit of $67,620? New break-even dollars s 174,800 Feedback F. Construct a contribution margin income statement for the month of February that reflects $230,000 in sales revenue for Marlin Motors. Income Statement Sales v 230,000 Variable Costs Contribution Margin v Fixed Costs Net Incomev Feedback Feedback

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 6EA: Marlin Motors sells a single product with a selling price of $400 with variable costs per unit of...

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Marlin Motors sells a single product with a selling price of $460 with variable costs per unit of $138. The company's monthly fixed expenses are $54,740.
A. What is the company's break-even point in units?
Break-even units
170 V units
B. What is the company's break-even point in dollars?
Break-even dollars $ 78,200
Enedback
C. Prepare a contribution margin income statement for the month of November when they will sell 120 units. Use a minus sign for a net loss if present.
Income Statement
Sales v
55,200
Variable Costs v
16,560
Contribution Margin v
38,640
Fixed Costs V
54,740 V
Net Loss v
-16,100 V
Feedback
D. How many units will Marlin.need to sell in order to realize a target profit of $67,620?
New break-even units
380V units
E. What dollar sales will Marlin need to generate in order to realize a target profit of $67,620?
New break-even dollars s 174,800 V
Feedback
F. Construct a contribution margin income statement for the month of February that reflects $230,000 in sales revenue for Marlin Motors.
Income Statement
Sales v
230,000 V
Variable Costs v
Contribution Margin v
Fixed Costs
Net Income v
Feedback
Feedback

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