Question: Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs

Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs were $42 per unit. 10 points Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Print Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to the nearest whole percentage.) References Unit Contribution Margin Contribution Margin Ratio % Required 1 Required 2 > Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs were $42 per unit. 10 points Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Calculate the break-even point in units and sales dollars. (Round your answers to the nearest whole number.) Print Units References Break-Even Units Break-Even Sales Dollars Required 1 Required 3 > Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs were $42 per unit. 10 points Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. eBook Complete this question by entering your answers in the tabs below. Hint Required 1 Required 2 Required 3 Print Compute Laredo's margin of safety in units and as a percentage of sales. (Round your intermediate calculations to the nearest whole number. Round your Percentage of Sales answer to 4 decimal places (i.e. 0.123456 should be entered as 12.3456%)). References Units Margin of Safety Margin of Safety as Percentage of Sales

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