Question: Compute the missing amounts for the following table: Question content area bottom Part 1 Compute the missing amounts. (Enter the contribution margin ratio to nearest
Compute the missing amounts for the following table:
Question content area bottom
Part 1
Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)
|
| A |
|
| Sale price per unit | $2,100 | |
| Variable costs per unit | 1,050 | |
| Total fixed costs | 483,000 | |
| Target profit | 945,000 | |
| Contribution margin per unit | $1,050 | |
| Contribution margin ratio | 50 | % |
| Required units to break even | 460 | |
| Required sales dollars to break even | $966,000 | |
| Required units to achieve target profit | 1,360 |
|
| B |
|
|
| |
| 2,600 | |
| 1,482,000 | |
| 33,020,000 | |
|
| |
| 50 | % |
|
| |
|
| |
| 13,270 |
|
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