Question: question 1 If contribution margin ratio is 0.3 then contribution margin percentage will be: question 2 The US Company sells product X. Some selected data

question 1 If contribution margin ratio is 0.3 then contribution margin percentage will be:

question 2

The US Company sells product X. Some selected data is given below:

Selling price per unit of product X: $16

Variable cost per unit of product X: $12

Total fixed cost: $160,000

Based on the above information, how many units of product X would be required to sell to earn an operating profit of $20,000?

question 3 Consider the following information:

Sales revenue: $12,000

Variable manufacturing expenses: $3,000

Variable marketing and admin. expenses: $1,000

Fixed manufacturing expenses: $1,500

Fixed marketing and admin. expenses: $500

Based on the above information, the contribution margin is:

question 4 If total fixed cost is $8,000 and break even point is 4,000 units, the contribution margin per unit will be:

question 5 If the selling price is $32 per unit, the variable cost is $24 per unit, and total fixed cost is $320,000, what will be the break even point in units?

question 6 If break even point in units is 2,000 units and fixed cost is $50,000, the contribution margin per unit will be:

question 7 If contribution margin ratio is 0.4 and total fixed cost is $280,000, the break even point in dollars will be:

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!