Question: need full answers Question 13 Centennial Company makes electronics. Its sales for 2020 are $1,485,000. Fixed costs are $425,870 and variable costs are $846,450. It
Question 13 Centennial Company makes electronics. Its sales for 2020 are $1,485,000. Fixed costs are $425,870 and variable costs are $846,450. It sold 2,700 units in the year. Calculate the contribution margin per unit and the contribution margin ratio. (Round contribution margin per unit to 2 decimal places, e.g. 15.20 and contribution margin ratio to 4 decimal places, e.g. 1.4254%.) Contribution margin per unit Contribution margin ratio Assuming a consistent contribution margin ratio, if its desired operating income is $137,000, what would the company need to sell in units and in dollars to achieve this goal? (Round answers to decimal places, e.g. 125.) In dollars In units Required sales Y SUBMIT ANSWER SAVE FOR LATER Question Attempts: 0 of 1 used
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