Requirements

Fill in the missing numbers in the table. Use the following questions to help fill in the

missing numbers in the table:

a$.$ What is the total contribution margin?

b$.$ What is the total variable expense?

c$.$ How many units were sold?

d$.$ What is the per$-$unit variable expense?

e$.$ What is the per$-$unit contribution margin?

Answer the following questions about breakeven analysis:

a$.$ What is the breakeven point in units?

b$.$ What is the breakeven point in sales dollars?

Answer the following questions about target profit analysis and safety margin:

a$.$ How many units must the company sell in order to earn a profit of $$48,000?$

b$.$ What is the current margin of safety in units?

c$.$ What is the margin of safety in sales dollars?

d$.$ What is the margin of safety in percentage?