For each of the six independent situations that follow, compute the missing amounts. a. Using contribution margin
Question:
a. Using contribution margin per unit:
b. Using the contribution margin ratio:
Transcribed Image Text:
Varlable Costs Fixed Margin per Unlt Costs Contribution Operating Income $25,000 30,000 90,000 Sales Units Sold 4,000 5,000 $120,000 $20 (2) 180,000 (3) 600,000 45,000 150,000 30 Varlable Costs Contribution Margin Ratlo Operating Sales Fixed Costs Income $95,000 75,000 60,000 (1) $900,000 $720,000 (2) 600,000 40% 30% 90,000
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Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-1259692406
18th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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