Question: 3 parts to this problem: Data table A B C Sales price per unit $2,000 (f) $2,900 Variable costs per unit (a) 4,080 1,740 Total
3 parts to this problem:
Data table
|
| A | B | C |
|---|---|---|---|
| Sales price per unit | $2,000 | (f) | $2,900 |
| Variable costs per unit | (a) | 4,080 | 1,740 |
| Total fixed costs | 180,000 | 561,000 | (k) |
| Target profit | 360,000 | 14,116,800 | 1,392,000 |
| Contribution margin per unit | 400 | (g) | (l) |
| Contribution margin ratio | (b) | 20% | (m) |
| Required units to break even | (c) | (h) | 525 units |
| Required sales dollars to break even | (d) | (i) | (n) |
| Required units to achieve target profit | (e) | (j) | (o) |
Compute the missing amounts for the following table:
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Part 1
Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)
|
| A |
|
| Sale price per unit | $2,000 | |
| Variable costs per unit |
| |
| Total fixed costs | 180,000 | |
| Target profit | 360,000 | |
| Contribution margin per unit | $400 | |
| Contribution margin ratio |
| % |
| Required units to break even |
| |
| Required sales dollars to break even |
| |
| Required units to achieve target profit |
|
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