Insurance Weed and feed materials Direct labor Fuel $4,930 per month $21 per lawn $11 per lawn $2 per lawn Sunland charges $85 per treatment for the average single-family lawn. For the month ended July 31, 20 sales of $12,750. (a)

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter7: Accounting Information Systems
Section: Chapter Questions
Problem 3TP: If a customer owed your company $100 on the first day of the month, then purchased $200 of goods on...
icon
Related questions
Question

H

Sunland provides environmentally friendly lawn services for homeowners. Its operating costs are as follows.
Depreciation (straight-line) $1,400 per month
Advertising
$300 per month
Insurance
$4,930
per month
$21
per lawn
$11
per lawn
$2 per lawn
Weed and feed materials
Direct labor
Fuel
Sunland charges $85 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total
sales of $12,750.
(a)
Prepare a CVP income statement for the month ended July 31, 2022.
LA
$
SUNLAND
CVP Income Statement
For the Month Ended July 31, 2022
Total
$
Per Unit
Percent of Sales
Transcribed Image Text:Sunland provides environmentally friendly lawn services for homeowners. Its operating costs are as follows. Depreciation (straight-line) $1,400 per month Advertising $300 per month Insurance $4,930 per month $21 per lawn $11 per lawn $2 per lawn Weed and feed materials Direct labor Fuel Sunland charges $85 per treatment for the average single-family lawn. For the month ended July 31, 2022, the company had total sales of $12,750. (a) Prepare a CVP income statement for the month ended July 31, 2022. LA $ SUNLAND CVP Income Statement For the Month Ended July 31, 2022 Total $ Per Unit Percent of Sales
(b)
Determine the company's break-even point in (1) number of lawns serviced per month and (2) sales dollars.
(1) Break-even point in lawns
(2) Break-even point in dollars
eTextbook and Media
Save for Later
$
Attempts: 0 of 1 used
Submit Answer
Transcribed Image Text:(b) Determine the company's break-even point in (1) number of lawns serviced per month and (2) sales dollars. (1) Break-even point in lawns (2) Break-even point in dollars eTextbook and Media Save for Later $ Attempts: 0 of 1 used Submit Answer
Expert Solution
steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Sales Tax, Restaurant Tax and Lodging Taxes
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning