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Cannes Company has the following information available for September 2014

Accounting Nov 12, 2020

Cannes Company has the following information available for September 2014.

 

Unit selling price of video game consoles $704

Unit variable costs $484

Total fixed costs $88,000

Units sold 1,056

 

(a) Compute the contribution margin per unit.

 

(b) Create a CVP income statement that shows both total and per unit amounts.

 

(c) Compute Cannes' break-even point in units.

 

(d) Create a CVP income statement for the break-even point that shows both total and per unit amounts.

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