f Managerial Accounting $-$ Spring $24$

$4$ Homework

Question $3,$ SM$4-8($similar to$)$

Part $2$ of $3$

Compute the missing amounts. $($Enter the contribution margin ratio to nearest percent, $x\%.)$

$\backslash$table$[[,$A$,,$B$],[$Sale price per unit,$$,1,200,$$$,100],[$Variable costs per unit,$900,,60,],[$Total fixed costs,$81,000,80,000,,],[$Target profit,,$261,000,,920,000],[$Calculate:$,,,,],[$Contribution margin per unit,$$,300,,],[$Contribution margin ratio,,$25\%,,],[$Required units to break even,,$270,,],[$Required sales dollars to break even,$$,324,000,,],[$Required units to achieve target profit,,$1,140,,]]$