Problem - Billings Company has the following information available for September 2017.
Unit selling price of video game consoles $400
Unit Variable cost $280
Total fixed costs $54,000
Units sold 600
Instructions -
(a) Compute the unit contribution margin.
(b) Do a CVP income statement that shows both total and per unit amounts.
(c) Compute billings break-even point in units.
(d) Do a CVP income statement for the break-even point that shows both total and per unit amount.