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  3. assume that actual sales for the month total $750,

Assume that actual sales for the month total $750,000 as planned; however, actual sales by...

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Question

Accounting

Assume that actual sales for the month total $750,000 as planned; however, actual sales by product are: White, $300,000; Fragrant, $180,000; and Loonzain, $270,000.

Required:

1. Prepare a contribution format income statement for the month based on the actual sales data.

2. Compute the break-even point in dollar sales for the month based on your actual data.

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