Question: Homework 1 Longhorn TV presents the table below for contribution margin per unit, total contribution margin, and contribution margin ratio. In the space provided calculate


Homework 1 Longhorn TV presents the table below for contribution margin per unit, total contribution margin, and contribution margin ratio. In the space provided calculate each for scenario A, B and C. How much would net income increase if another 100 units were sold in scenario A? A B C Number of units 1,400 9,500 5,620 Sales price per unit $1,200 $3,700 $4,550 Variable Cost per unit $ 610 $ 880 $ 1,665 Calculate Contribution margin per unit $590 Total contribution margin Contribution margin ratio 49.17% 1. For scenario A, how much would net income increase if another 100 units were sold? 100 x $590 = $59,000
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