Homework Answers
1)
| A | |
| Sales price per unit | $100 |
| Variable costs per unit | 40 |
| Total fixed costs | 72000 |
| Target profit | 180000 |
| Calculate: | |
| Contribution margin per unit | $60 |
| Contribution margin ratio | 60% |
| Required units to break even | 1200 units |
| Required sales dollars to break even | $120000 |
| Required units to achieve target profit | 4200 units |
Contribution margin per unit= Sale price per unit-Variable costs per unit
= $100-40= $60
Contribution margin ratio= Contribution margin per unit*100/Sale price per unit
= $60*100/100= 60%
Required units to break even= Fixed costs/Contribution margin per unit
= $72000/60= 1200 units
Required sales dollars to break even= Fixed costs/Contribution margin ratio
= $72000/60%= $120000
Required units to achieve target profit= (Target profit+Fixed costs)/Contribution margin per unit
= ($180000+72000)/60= 4200
| A | B | C | |
| Sales price per unit | $100 | $4700 | $5000 |
| Variable costs per unit | 40 | 1880 | 3750 |
| Total fixed costs | 72000 | 1410000 | 1187500 |
| Target profit | 180000 | 28200000 | 1875000 |
| Calculate: | |||
| Contribution margin per unit | $60 | $2820 | $1250 |
| Contribution margin ratio | 60% | 60% | 25% |
| Required units to break even | 1200 units | 500 units | 950 units |
| Required sales dollars to break even | $120000 | $2350000 | $4750000 |
| Required units to achieve target profit | 4200 units | 10500 units | 2450 units |
Contribution margin per unit= Sale price per unit-Variable costs per unit
A= $100-40= $60
B= $4700-1880= $2820
C= $5000-3750= $1250
Contribution margin ratio= Contribution margin per unit*100/Sale price per unit
A= $60*100/100= 60%
B= $2820*100/4700= 60%
C= $1250*100/5000= 25%
Required units to break even= Fixed costs/Contribution margin per unit
A= $72000/60= 1200 units
B= $1410000/2820= 500 units
C= $1187500/1250= 950 units
Required sales dollars to break even= Fixed costs/Contribution margin ratio
A= $72000/60%= $120000
B= $1410000/60%= $2350000
C= $1187500/25%= $4750000
Required units to achieve target profit= (Target profit+Fixed costs)/Contribution margin per unit
A= ($180000+72000)/60= 4200 units
B= ($28200000+1410000)/2820= 10500 units
C= ($1875000+1187500)/1250= 2450 units
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