Question

Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio...

Determine the missing amounts.

Unit Selling
Price

Unit Variable
Costs

Unit Contribution
Margin

Contribution Margin
Ratio

1. $550 $330 $enter a dollar amount (a) enter percentages % (b)
2. $250 $enter a dollar amount (c) $110 enter percentages % (d)
3. $enter a dollar amount (e) $enter a dollar amount (f) $960 40 %
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Answer #1
Unit Selling Unit Variable Unit Contribution Contribution Margin
Price Costs Margin Ratio
1 $                                      550.00 $          330.00 $                   220.00 (a) 40% (b)
2 $                                      250.00 $          140.00 (c ) $                   110.00 44% (d)
3 $                                   2,400.00 (e ) $      1,440.00 (f) $                   960.00 40%
Explanation
a Unit Contribution Margin = $          550.00 - $                   330.00 = $                         220.00
b Contribution Margin Ratio = $          220.00 / $                   550.00 = 40%
c Unit Variable costs = $          250.00 - $                   110.00 = $                         140.00
d Contribution Margin Ratio = $          110.00 / $                   250.00 = 44%
e Unit Selling price = $      1,440.00 + $                   960.00 = $                      2,400.00
f Unit Variable costs = $      2,400.00 - $                   960.00 = $                      1,440.00
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