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S20-8 (similar to)Question Help

Compute the missing amounts for the following table.

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Compute the missing amounts. (Enter the contribution margin ratio to nearestpercent, X%.)

A

Sale price per unit

$

1,500

Variable costs per unit

900

Total fixed costs

258,000

Target profit

582,000

Calculate:

Contribution margin per unit

Contribution margin ratio

%

Required units to break even

Required sales dollars to break even

Required units to achieve target profit

Sales price per unit

$

1,500

Variable costs per unit

900

Total fixed costs

258,000

Target profit

582,000

Calculate:

Contribution margin per unit

Contribution margin ratio

Required units to break even

Required sales dollars to break even

Required units to achieve target profit

B

$

125

50

67,500

1,500,000

C

$

125

100

40,000

100,000