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Sunn Company manufactures a single product that sells for $280 per unit and whose variable costs are $224 per unit. The company's annual fixed costs are $879,200. (1) Prepare a contribution margin income statement at the break-even point. (2) If the company's fixed costs increase by $142,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a contribution margin income statement at the break-even point. SUNN COMPANY Contribution Margin Income Statement (at Break-Even) Amount Percentage of sales 0% Sales Variable costs Contribution margin Fixed costs Income 0 Required 1 Required 2 >
Sunn Company manufactures a single product that sells for $280 per unit and whose variable costs are $224 per unit. The com annual fixed costs are $879,200. (1) Prepare a contribution margin income statement at the break-even point. (2) If the company's fixed costs increase by $142,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1 Required 2 If the company's fixed costs increase by $142,000, what amount of sales (in dollars) is needed to break even? Break-Even Point in Dollars Denominator: Numerator: 1 Break-Even Point in Dollars Break-even point in dollars 1 < Required 1 Required 2 0