Question: Compute the missing amounts for the following table: Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.) Data table (FILL IN
Compute the missing amounts for the following table:
Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)
Data table (FILL IN MISSING AMOUNT)
|
| A | B | C |
|---|---|---|---|
| Sales price per unit | $1,800 | (f) | $2,600 |
| Variable costs per unit | (a) | 4,080 | 2,080 |
| Total fixed costs | 232,200 | 561,000 | (k) |
| Target profit | 486,000 | 14,116,800 | 624,000 |
| Contribution margin per unit | 540 | (g) | (l) |
| Contribution margin ratio | (b) | 20% | (m) |
| Required units to break even | (c) | (h) | 450 units |
| Required sales dollars to break even | (d) | (i) | (n) |
| Required units to achieve target profit | (e) | (j) | (o) |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
