Cullumber Company has the following information available for September 2022. Unit selling price of video...
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Accounting
Cullumber Company has the following information available for September 2022. Unit selling price of video game consoles Unit variable costs Total fixed costs Units sold (a) Your answer is correct. Compute the unit contribution margin. Unit contribution margin $ $500 $400 $50,000 600 100 (b) Your answer is correct. Prepare a CVP income statement. Sales Variable Costs Contribution Margin Fixed Costs EA Net Income/(Loss) $ CULLUMBER COMPANY CVP Income Statement For the Month Ended September 30, 2022 Total 300000 240000 60000 50000 i 10000 6A EA Per Unit 500 Percent of Sales 400 i 100 80 (c) Your answer is correct. Compute Cullumber' break-even point in sales units. Break-even point in units 500 units (d) CULLUMBER COMPANY CVP Income Statement Prepare a CVP income statement for the break-even point. > 69 Total $ 69 LA Per Unit Percent of Sales % % %
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