Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: Kilihea Corporation Income Statement For the month ended July 31 Sales (18,100 units) $814,500 Cost of goods sold 552,050 Gross margin 262,450 Selling and administrative expenses: Fixed 126,700 Variable 90,500 Total selling and administrative expense 217,200 Net operating income $ 45,250 The company's variable production costs are $22.50 per unit and its fixed manufacturing overhead totals $153,300 per month. The break-even point in units for the month under variable costing is (Round your intermediate calculations and final answer to nearest whole number): 13,150 units 12,350 units 16,000 units 14,250 units

Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: Kilihea Corporation Income Statement For the month ended July 31 Sales (18,100 units) $814,500 Cost of goods sold 552,050 Gross margin 262,450 Selling and administrative expenses: Fixed 126,700 Variable 90,500 Total selling and administrative expense 217,200 Net operating income $ 45,250 The company's variable production costs are $22.50 per unit and its fixed manufacturing overhead totals $153,300 per month. The break-even point in units for the month under variable costing is (Round your intermediate calculations and final answer to nearest whole number): 13,150 units 12,350 units 16,000 units 14,250 units

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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