Question: Compute the missing amounts for the following table. LOADING... (Click the icon to view thetable.) Compute the missing amounts. (Enter the contribution margin ratio to
Compute the missing amounts for the following table.
LOADING...
(Click the icon to view thetable.)
Compute the missing amounts. (Enter the contribution margin ratio to nearestpercent, X%.)
A
Sales price per unit
$
1,700
Variable costs per unit
510
Total fixed costs
714,000
Target profit
1,273,300
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
$
4,200
2,520
554,400
21,840,000
C
$
5,770
1,154
6,693,200
5,077,600
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
