Homework Answers
| 1. | ||||||
| Unit contribution margin | Sales per unit - Variable costs per unit | |||||
| Unit contribution margin | 60-9 | |||||
| Unit contribution margin | $51 | |||||
| Contribution margin ratio | Unit contribution margin/Sales per unit | |||||
| Contribution margin ratio | 51/60 | |||||
| Contribution margin ratio | 85% | |||||
| 2. | ||||||
| Break-even units | Fixed costs/Unit contribution margin | |||||
| Break-even units | 8211/51 | |||||
| Break-even units | 161 | |||||
| Break-even sales dollar | Fixed costs/Contribution margin ratio | |||||
| Break-even sales dollar | 8211/85% | |||||
| Break-even sales dollar | $9,660 | |||||
| 3. | ||||||
| Margin of safety | 520-161 | |||||
| Margin of safety | 359 | units | ||||
| Margin of safety as percentage of sales | 359/520 | |||||
| Margin of safety as percentage of sales | 69.0385% | |||||
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N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60...
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