Norton, Inc. has the following information available for September 2022. Unit selling...

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Accounting

Norton, Inc. has the following information available for September 2022.

Unit selling price of video game consoles $ 400
Unit variable costs $ 280
Total fixed costs $ 48,000
Units sold 500

Prepare a CVP income statement that shows both total and per unit amounts.

NORTON, INC. COMPANY CVP Income Statement choose the accounting period For the Year Ended September 30, 2022September 30, 2022For the Month Ended September 30, 2022

Total

Per Unit

select an income statement item Fixed costsSalesVariable costsNet income / (Loss)Contribution margin $enter a dollar amount $enter a dollar amount
select an income statement item Fixed costsContribution marginVariable costsSalesNet income / (Loss) enter a dollar amount enter a dollar amount
select a summarzing line for the first part Variable costsFixed costsContribution marginSalesNet income / (Loss) enter a total amount for the first part $enter a total amount per unit
select an income statement item Contribution marginNet income / (Loss)Variable costsFixed costsSales enter a dollar amount
select a closing name for this statement Variable costsContribution marginSalesNet income / (Loss)Fixed costs $enter a total net income or loss amount

Compute Norton's breakeven in units.

Breakeven enter breakeven in units units

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