Question

Required 1 Required 2 Required 3 Required 4 Required 5 Complete the following table. (Round your "Cost per Unit" answers to 2 decimal places.) 430 620 780 $ Number of Canoes Produced and Sold Total costs Variable costs Fixed Costs Total Costs Cost per Unit Variable Cost per Unit Fixed Cost per Unit 60,630 138,460 199,090 $ Total Cost per Unit Required 1 Required 2 >

Answer 1

430 620 780 Question-1 Number of Canoes Produced and sold Total Cost Variable Cost Fixed cost Total Cost cost per unit Variable cost per unit Fixed cost Per unit 60630 138460 199090 87420 138460 225880 109980 138460 248440 141.00 322.00 141.00 223.32 141.00 177.51 Question -2 Units Contribution ( 590-141) Contribution Margin ratio (449/590) 449.00 Per Canoe 76.10% Question - 3 (for 800Canoe) contribution Margin Income Statement sales Revenue (800*590) Variable Cost Contribution Margin Fixed cost Income From Operations 472000 112800 359200 138460 220740

Selling Price 590 Variable Cost 141.00 Fixed Cost 138460 Break Even point in Units and Dollars Break even Units (138460/449) Break Even sales Revenue 181941 (or) 181720 Number of units to sold for $66,000 Profit Target sales units (Fixed cost + Targer Profit)/ Cm per unit Target Sales Units 455 308