Question: I need help with ( F, G, and H please) Chapter 5 - Assignment Exercise Assignment Exercise 5-8 (with fixed costs added) Template Contribution Margin


I need help with ( F, G, and H please)
Chapter 5 - Assignment Exercise Assignment Exercise 5-8 (with fixed costs added) Template Contribution Margin ans maker is designing a new line of leans called Slims. The following information describes a product expected to be produced and sold by the company Selling price Variable costs Total fixed costs $205 per unit $164 per unit $246,000 per year Required: a. Calculate the contribution margin per unit. b. Calculate the contribution margin ratio. c. Calculate the break-even point in units. d. Breakeven point in dollar sales. Worksheet: | a. Selling Price per Phir variable costs per pair205-164 = 41 units 1 D. Contribution Marsin selling price per Phir 41 /205: 207 * c. Original fixed cost / contribution Alerinwit 216,000 /41 : 6.000 * d. Te Cost / Contrino in ske. 26.900 720% B 0 00 e. What does the contribution margin ratio reveal? The Company has a 20% of each scules doller to cover the (company's fired exrense and profit. f. Based on the above, what dollar amount of sales would be necessary to achieve a pretax income of $50,000? Worksheet: If the company achieves its target pretax income of $50,000, what is its margin ofenfor percent, round to one decimal)? Worksheet: n. Prepare a "FORMAL" contribution margin income statement showing sales, variable costs, fixed costs and income before taxes (ignore taxes). Worksheet: Jeans Maker Company Contribution Margin Income Statement For the Year Ended Xxxxx, 20XX
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
