1. If Champion Commercial Inc. sells their product for $70.00 per unit, has variable expenses of $43.00 per unit, fixed expenses of $36,000 and sells 4,800 units of product, complete a properly formatted Contribution Income Statement with totals and per unit calculations for the month of November.

2.  Using the information for Champion Commercial Inc. (question 1 above), identify what the Net Operating Income/Loss would be if the company’s sales decrease to 4,125 units.

3. Using the NEW information for Champion Commercial Inc. (question 2. above), identify the contribution margin per unit is the selling price is reduced to $65.00 per unit.

4.  Calculate the Contribution Margin Ratio per Unit using the NEW information for Champion Commercial Inc. (question # 3above).

Answer rating: 100% (QA)

To answer your questions lets break down the information and calculations step by step 1 Contribution Income Statement for the month of November Sales 4800 units x 7000 per unit 336000 Variable Expens... View the full answer