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.
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| 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 |
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| Contribution margin ratio |
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| Required units to break even |
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| Required sales dollars to break even |
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| Required units to achieve target profit |
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| B |
| $10 |
| 6 |
| 60,000 |
| 75,000 |
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| 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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