Question: Margin Accounting Sales (20,000 units) Total Variable Costs Contribution Margin Total Fixed Costs Net Income $1,200,000 660,000 540,000 297,000 243,000 1.) What is Core's contribution
Margin Accounting
Sales (20,000 units) Total Variable Costs Contribution Margin Total Fixed Costs Net Income $1,200,000 660,000 540,000 297,000 243,000 1.) What is Core's contribution margin per unit? $ Click or tap here to enter text. Show your calculation here: Click or tap here to enter text. 2.) What is Core's contribution margin ratio? Click or tap here to enter text.% (Your answer should be in 12.345% form) Show your calculation here: Click or tap here to enter text. 3.) What is the breakeven point in units for Core? Click or tap here to enter text. units Show your calculation here: Click or tap here to enter text. 4.) What is the breakeven point in sales dollars for Core? $ Click or tap here to enter text. Show your calculation here: Click or tap here to enter text. 5.) If the company wants to generate a $325,000 profit, what will the sales in units have to be? Click or tap here to enter text. Units Show your calculation here: Click or tap here to enter text
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
