Hyland Company_Breakeven Analyasis

Hyland Company_Breakeven Analyasis

Question
	
5. TheincomestatementforHylandCompanyfor2014
appearsbelow:


















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Hyland Company

 
Income Statement

 
For the Year
 Ended December 31, 2014






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Salesrevenue(40,000 units)

 		
 
 
1,000,000

 		


 

 
 
Variableexpenses

 		
 
 
700,000

 		


 

 
 
Contributionmargin

 		
 
 
300,000

 		


 

 
 
Fixedexpenses

 		
 
 
345,000

 		


 

 
 
Netincome(loss)

 		
 
 
(45,000)

 		









Instructions



Answerthe followingindependentquestionsandshowcomputationstosupportyouranswers:



1. Whatwasthecompany’sbreak-evenpointinsalesdollarsin2014?



2. Howmanyadditionalunitswouldthecompanyhavetosellin2015
(comparedto2014) in
orderto earnnetincomeof$45,000?



3. Ifthecompanyisabletoreducevariablecostsby$4.50 perunitin2015 and othercostsandunit revenuesremainunchanged,howmanyunitswillthecompanyhavetosellinordertoearnanet incomeof$45,000?