Computing contribution margin, units and required sales to break even, units to achieve target profit Compute the
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Computing contribution margin, units and required sales to break even, units to achieve target profit
Compute the missing amounts of the following table:
A | B | C | |
Sales price per unit | $1400 | $ (f) | $2500 |
Variable costs per unit | a | 2940 | 1250 |
Total fixed cost | 273,000 | 1,097,600 | K |
Target profit | 630,000 | 24,892,000 | 1,562,500 |
Contribution margin per unit | 700 | (g) | (l) |
Contribution margin ratio | (b) | 40% | (m) |
Required units to break even | (c) | (h) | 325 units |
Required sales dollars to break even | (d) | (i) | (n) |
Required units to achieve target profit | (e) | (j) | (o) |
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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