Question: Compute the missing amounts for the following table: (Click the icon to view the table.) Compute the missing amounts. (Enter the contribution margin ratio to


Compute the missing amounts for the following table: (Click the icon to view the table.) Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.) A $ 2,200 Sale price per unit Variable costs per unit Total fixed costs 465,300 891,000 $ 990 % Target profit Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit A B C Sales price per unit (1) 2,800 2,200 (a) Variable costs per unit 2,475 1,540 (k) Total fixed costs 465,300 1,012,500 891,000 Target profit Contribution margin per unit Contribution margin ratio 27,843,750 (g) 1,512,000 (1) 990 (b) 45% (m) Required units to break even (c) (h) 500 units Required sales dollars to break even (d) (0) (n) Required units to achieve target profit (e) 0) (0)
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
