The answer has been presented in the supporting sheet. For detailed answer refer to the supporting sheet.
Learning Objective 2 E21-34 Computing contribution margin in total, per unit, and as a ratio Complete...
• E20-25 Computing contribution margin in total, per unit, and as a ratio Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: Number of units Sales price per unit Variable costs per unit 1,720 units $1,800 720 $ 4,500 3,600 4,620 units $5,550 1,665 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: (Click the icon to view the table.) i Data Table Number of units - ABC 870 units 33,750 units 3,570 units $ 1,000 $ 10 $ 5,440 600 6 2,720 Sale price per unit Variable costs per unit Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Print Print Done Done Compute the missing information, starting with scenario A, then for scenarios...
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.)
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Complete Presidio's cost data table. (Round your Cost per Unit...
E21-31 Calculating contribution margin ratio, preparing contribution margin incone statements Bluvid produces a high-end, progressive-scan DVD player with up to 160-hour recording capacity and MP3 playback capability. Relevant data for the DVD players sold by this company in June 2013 are as follows: Unit selling price of DVD player Unit variable costs Total monthly fixed costs Units sold $ 500 300 200,000 1,600 Requirements 1. Prepare a contribution margin income statement for the month ending June 30, 2013 2. Calculate...
Required: 1. Complete Presidio's cost data table. 2. Calculate Presidio's contribution margin ratio and its total contribution margin at each sales level indicated in the cost data table assuming the company sells each bike for $630. 3. Calculate net operating income (loss) at each of the sales levels assuming a sales price of $630. Complete this question by entering your answers in the tabs Required 1 Required 2 Required 3 Calculate Presidio's contribution margin ratio and its total contribution margin...
BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
What happens to contribution margin per unit, contribution margin ratio, contribution margin in total, and net operating income when activity levels increase?