Question: a ) What is the contribution margin per unit? Contribution margin per unit = $ b ) What is the company's CM ratio? Please make
a What is the contribution margin per unit?
Contribution margin per unit $
b What is the company's CM ratio? Please make sure your final answers are in percentage form and are accurate to the nearest whole percent. For example:
ratio
c What is the quarterly breakeven point in units?
Breakeven point in units
units
d What is the quarterly breakeven point in dollars?
Breakeven point dollars $
e How many units would have to be sold each quarter to earn"a target profit of $
f Verify your answer in e by preparing a contribution margin income statement at the target sales level.
tableSelect oneSelect oneSelect oneSelect oneOotarFor Month Ended December For Year Ended December For Quarter Ended December December Contribution Margin Income Statement,NorthCo
g Refer to the original data. Compute the company's margin of safety in dollars.
Margin safety $
h Refer to the original data. Compute the company's margin of safety percentage. Please make sure your final answers are in percentage form and are accurate to the nearest whole percent. For example:
Margin of safety
i If sales increased by $ per quarter and there is no change in fixed costs, by how much would you expect quarterly operating income to increase?
Operating income increases by $a What is the contribution margin per unit?
Contribution margin per unit $
b What is the company's CM ratio? Please make sure your final answers are in percentage form and are accurate to the nearest whole percent. For example:
c What is the quarterly breakeven point in units?
Breakeven point units units
d What is the quarterly breakeven point in dollars?
Breakeven point dollars $
e How many units would have to be sold each quarter to earn"a target profit of $
f Verify your answer in e by preparing a contribution margin income statement at the target sales level.
tableSelect oneSelect oneSelect oneTotalSelect oneSelect oneContribution margintableFixed costsVariable costsOperating income Sales,
g Refer to the original data. Compute the company's margin of safety in dollars.
Margin safety $
h Refer to the original data. Compute the company's margin of safety percentage. Please make sure your final answers are in percentage form and are accurate to the nearest whole percent. For example:
Margin of safety
i If sales increased by $ per quarter and there is no change in fixed costs, by how much would you expect quarterly operating income to increase?
Operating income increases by $
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