Ea5.
lo 3.2maple enterprises sells a single product with a selling price of $75 and variable costs per unit of $30. the company’s monthly fixed expenses are $22,500.

what is the company’s break-even point in units?
what is the company’s break-even point in dollars?
construct a contribution margin income statement for the month of september when they will sell 900 units.
how many units will maple need to sell in order to reach a target profit of $45,000?
what dollar sales will maple need in order to reach a target profit of $45,000?
construct a contribution margin income statement for maple that reflects $150,000 in sales volume.

Instructions are listed below

Explanation:

Giving the following information:

selling price= $75

variable costs per unit of $30

The monthly fixed expenses are $22,500.

a) Break-even point= fixed costs/ contribution margin

Break-even point= 22,500/(75 - 30)= 500 units

b) Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 22,500/(45/75)= $37,500

c) Contribution margin income statement:

Sales= 75*900= 67,500

Variable cost= 900*30= (27,000)

Contribution margin= 40,500

Fixed costs= (22,500)

Net operating income= 18,000

d) Profit= 45,000

Break-even point= (fixed costs + target profit)/ contribution margin

Break-even point= 67,500/45= 1,500 units

e) Break-even point (dollars)= (fixed costs + target profit)/ contribution margin ratio

Break-even point (dollars)=  67,500/(45/75)= $112,500

f) Contribution margin income statement:

Sales= 150,000

Variable costs= (2,000*30)= (60,000)

Contribution margin= 90,000

Fixed costs= (22,500)

Net operating income= 67,500

i just took the test and it is financing

the first successful, urban blues recording, selling more than 75,000 copies, was made in year 1920.

mamie smith recorded the first commercially successful example of the urban blues,   with the recording of “crazy blues”."crazy blues" was recorded on august 10, 1920, in new york city. within a month of the release of “crazy blues” it had sold 75,000 copies.