Question: LO16-2 M16-13. Computing Amounts Based on Analysis of Contribution Margin MBC Scenario Scenario Scenario Scenario 1 2 3 4 Sales. . . . . .

LO16-2 M16-13. Computing Amounts Based on
LO16-2 M16-13. Computing Amounts Based on Analysis of Contribution Margin MBC Scenario Scenario Scenario Scenario 1 2 3 4 Sales. . . . . . $200,000 d. $148,000 Variable costs . . $120,800 e. h. $196,000 Contribution margin a. $ 3,960 m Fixed costs . . . . . . . . $ 12,000 f. $ 85,000 Profit . . . . . . . b. $ 2,060 $ 27,996 n. Contribution margin ratio 39.6% 33.0% K. 44.0% Contribution per unit . . . . . . .. C. $ 2.50 $ 37.37 O. Number of units produced and sold . . . . . 4,800 g. 800 1,925 LO16-3 M16-14. Computing Break-Even Point, Margin of Safety, Sales at Target Profit IGK Hair Homework Assume IGK Hair, a Miami hair salon, provides hairstyling services. Annual fixed costs are $225,000, MBC and variable costs are 45% of sales revenue. Last year's revenues totaled $450,000. Required a. Determine its break-even point in sales dollars. b. Determine last year's margin of safety in sales dollars. c. Determine the sales dollars required for an annual before-tax profit of $200,000

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