Question: Compute the missing amounts. (Enter the contribution margin ratio to nearestpercent, X%.) Enter any number in the edit fields and then click Check Answer. 2

Compute the missing amounts. (Enter the contribution margin ratio to nearestpercent, X%.)

Enter any number in the edit fields and then click Check Answer.

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Data Table

A

Sales price per unit

$

1,700

Variable costs per unit

510

Total fixed costs

714,000

Target profit

1,273,300

Calculate:

Contribution margin per unit

Contribution margin ratio

Required units to break even

Required sales dollars to break even

Required units to achieve target profit

B

$

4,200

2,520

554,400

21,840,000

C

$

5,770

1,154

6,693,200

5,077,600

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