Question: Compute the missing amounts for the following table. A Sales price per unit $1,800 Variable costs per unit 720 Total fixed costs 669,600 Target profit

Compute the missing amounts for the following table.

A

Sales price per unit

$1,800

Variable costs per unit

720

Total fixed costs

669,600

Target profit

1,188,000

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

$10

6

60,000

75,000

C

$5,000

3,750

1,187,500

1,875,000

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

A

Sale price per unit

$1,800

Variable costs per unit

720

Total fixed costs

669,600

Target profit

1,188,000

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

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