a. How many units is Universal Sports Exchange currently selling? b. What is the break-even point...
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a. How many units is Universal Sports Exchange currently selling? b. What is the break-even point in units for Universal Sports Exchange? c. What is the unit contribution margin per unit? 30-24 = Пореr unit d. What is the contribution margin ratio? 6/30 = 120% How much of each sales dollar goes towards operating income? e. f. Prove the operating income of $84,000. g. What would the operating income be if Universal Sports Exchange sold 40,001 units? Explain how you determined your answer. h. How much of each sales dollar goes towards variable cost? Sales Less: variable expenses Cost of goods sold Sales commissions Tags Universal Sports Exchange Income Statement for the 52 weeks ended January 30, 2021 Total variable expenses Contribution margin Less: fixed expenses Selling Administrative Total fixed expenses Operating income $ 1,188,000 81,000 27,000 145,000 95,000 $ $1,620,000 1,296,000 324,000 240,000 84,000 Per Unit $30.00 22.00 1.50 0.50 24.00 $ 6.00 Ratio 100% 73% 5% 2% 80% 20% a. How many units is Universal Sports Exchange currently selling? b. What is the break-even point in units for Universal Sports Exchange? c. What is the unit contribution margin per unit? 30-24 = Пореr unit d. What is the contribution margin ratio? 6/30 = 120% How much of each sales dollar goes towards operating income? e. f. Prove the operating income of $84,000. g. What would the operating income be if Universal Sports Exchange sold 40,001 units? Explain how you determined your answer. h. How much of each sales dollar goes towards variable cost? Sales Less: variable expenses Cost of goods sold Sales commissions Tags Universal Sports Exchange Income Statement for the 52 weeks ended January 30, 2021 Total variable expenses Contribution margin Less: fixed expenses Selling Administrative Total fixed expenses Operating income $ 1,188,000 81,000 27,000 145,000 95,000 $ $1,620,000 1,296,000 324,000 240,000 84,000 Per Unit $30.00 22.00 1.50 0.50 24.00 $ 6.00 Ratio 100% 73% 5% 2% 80% 20%
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