A company sold 1 2 0 , 0 0 0 units last year for $ 6 .
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Question:
A company sold units last year for $ each. Variable costs per unit were $ for direct materials, $ for direct labor, and $ for variable overhead. Fixed costs were $ in manufacturing overhead and $ in nonmanufacturing costs.
Required:
What is the total contribution margin?
What is the unit contribution margin?
Note: Round your answer to decimal places.
What is the contribution margin ratio?
Note: Round your intermediate calculations to decimal places.
If sales increase by units, by how much will profits increase?
Note: Round your intermediate calculations to decimal places.
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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