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Determine construct a contribution-format income statement

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Reference no: EM132471991

Problem 1: Assume that a company has forecasted 5,800 units sold, has an average selling price of $25.00 per unit, unit variable cost of $10.00 per unit, and a total fixed cost equal to $84,000. Using the template provided, perform the following analyses:

Question a. Construct a Contribution-format Income Statement based on the forecasted data

Question b. Construct a Contribution-format Income Statement based on the Break-even Sales Volume

Question c. Construct a Contribution-format Income Statement based on a target profit equal to $6,000

Reference no: EM132471991

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