Lanchard company manufactures a single product that sells

Reference no: EM13589563

lanchard Company manufactures a single product that sells for $250 per unit and whose total variable costs are $200 per unit. The company's annual fixed costs are $770,000.

(1) Prepare a contribution margin income statement for Blanchard Company at the break-even point.

(2) Assume the company's fixed costs increase by $139,000. What amount of sales (in dollars) is needed to break even?

Reference no: EM13589563

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