Question: Contribution margin statement for last month: Sales volume (#units) 100 110 Revenue $20,000 22,000 Variable costs $15,000 16,500 Contribution margin $5,000 5,500 Fixed costs $2,000

Contribution margin statement for last month:

Sales volume (#units) 100 110

Revenue $20,000 22,000

Variable costs $15,000 16,500

Contribution margin $5,000 5,500

Fixed costs $2,000 2,000

Profit $3,000 3,500

1. How much is the price, unit VC, unit CM?

2. How much will the profit change if sales increase by

10%, from 100 to 110 units?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

i just need fifo and weighted average reports done (requirement 1) word doc instructions excel answer sheet Juicy Lemonade Company Weighted-Average Production Cost Report For the Month ending March...

Q:

Question 4 20 marks The following is Marang manufacturing Company 's contribution format income statement for last month: Sales R1 200 000 Variable expenses 800 000 Contribution margin 400 000 Fixed...

Q:

E18.10 Prepare a flexible budget report and answer the question. LO7 As sales manager, Todd Keyser was given the following static budget report for selling expenses in the Clothing Department of...

Q:

i will add few pictures, those are the examples of that assignment. Professor left has a reference, please follow those images as a reference and complete the assignment asap. Instructions Complete...

Q:

based on these help me with forecast tables. A B D E F G Fixed Costs 1 $ $ $ $ Quarter 1 30,200.00 $ 3,650.00 $ 7,105.00 $ 2,790.00 $ Quarter 2 30,200.00 $ 3,650.00 $ 7,180.00 $ 2,720.00 $ Quarter 3...

Q:

FINANCIAL MANAGEMENT BREAKEVEN ANALYSIS AND GROSS PROFIT MARGIN: VARIABLES: P = Selling Price per Product V = Variable Cost per Product F = Fixed Cost per Period Q = Quantity Sold 100,00 80,00 100...

Q:

In calculating for Sensitivity Analysis, what are the formula(s)/how do I calculate for the Pessimistic and Optimistic: -Operating Income -Contribution Margin Ratio -Profit margin -Breakeven Sales...

Q:

please help, i badly need answers to this with calculations Acct225 Integrative Case #1 You have worked for Dynamadics Inc. now for over a year and you have proven your value to the company as a...

Q:

For the following problems, I know the answers I just need to confirm my working, please show your working for all questions, Correct answers please!!! At the end of the first month of opening your...

Q:

Assumptions Retail Sell Price = $1.50 Distributor Sell Price/ Retailer CGS = $0.90 Manufacturer Sell Price/ Distributor CGS = $0.80 Manufacturer CGS (Including Freight and Allowances) = $0.35...

Q:

Figure shows the output from a pressure monitor mounted at a point along the path taken by a sound wave of a single frequency traveling at 343 m/s through air with a uniform density of 1.21 kg/m3....

Q:

Service Corporation hired an independent computer programmer to develop a simplified payroll application for its newly purchased computer. The programmer developed an online database microcomputer...

Q:

2. Which of the following pieces of apparatus should be used to measure weight? (a) balance (b) force meter (c) metre ruler (d) thermometer

Q:

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

Q:

4. Explain the limitations of some cross-cultural research findings.

Q:

3. Identify cultural universals in nonverbal communication.

Q:

10. Understand the differences between the modernist and postmodern views of cultural spaces.