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Cannes Company has the following information available for September 2014

Accounting

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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