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Homework answers / question archive / The managerial accountant at Boone Furriers reported the following contribution margin statement information:   Sales Revenue = $850 per unit × number of units sold Variable Expenses = $205 per unit × number of units sold

The managerial accountant at Boone Furriers reported the following contribution margin statement information:   Sales Revenue = $850 per unit × number of units sold Variable Expenses = $205 per unit × number of units sold

Accounting

The managerial accountant at Boone Furriers reported the following contribution margin statement information:

 

Sales Revenue

= $850 per unit × number of units sold

Variable Expenses = $205 per unit × number of units sold.

Fixed Expenses

= $340,000

Operating Income

=$0

Sales price per unit

= $850

Variable cost per unit

= $645 × units sold

Fixed expenses

= $340,000

Operating Income

= $0

NA

Variable cost per unit

$645 × units sold

NA

Operating Income

= Fixed expenses

= $645

NA

Units Sold

NA

Fixed Expenses / Variable cost per unit

NA

Sales in Units

NA

X number of units necessary to reach the breakeven point.

 

Use the data listed above to compute the following:

a.     Compute the sales in units.

b.     Compute the breakeven point in sales revenue.

 

A) 1,659 units; $338,900

B) 323 units; $512,000

C) 528 units; $448,800

D) 650 units; $525,000

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