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Prepare the company contribution format income statement

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Reference no: EM133123920

Question - Sugarman Manufacturing had the following information for the month of June:

Units sold: 2,400 units

Total sales: $178,000

Total variable expenses: $108,000

Total fixed expenses: $46,200.

Required -

a. Construct the company's contribution format income statement for June.

b. Prepare the company's contribution format income statement assuming that the company sells 2,100 units in July.

c. Calculate the break-even point in units.

d. Calculate the units needed to sell to earn profit of $33,000.

Reference no: EM133123920

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