Complete the contribution income statement


Complete the Contribution Income Statement, calculate the break-even level in units and sales dollars, and calculate the sales level in units and sales dollars to generate a profit of $10,000 based on the information below:

  • Sales: $2,000,000
  • Volume: 80,000 units
  • Direct Materials: $6 per unit
  • Direct Labor: $10 per unit
  • Manufacturing Overhead: $4 per unit
  • Fixed Costs: $300,000

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Accounting Basics: Complete the contribution income statement
Reference No:- TGS0695792

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