Last month, Laredo Company sold 500 units for $50 each. During the month, fixed costs were...
Last month, Laredo Company sold 500 units for $50 each. During the month, fixed costs were $6,560 and variable costs were $9 per unit.
Required:
1. Determine the unit contribution margin and contribution margin ratio.
2. Calculate the break-even point in units and sales dollars.
3. Compute Laredo’s margin of safety in units and as a percentage of sales.
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Last month, Laredo Company sold 500 units for $50 each. During
the month, fixed costs were...
Last month, Laredo Company sold 530 units for $65 each. During the month, fixed costs were...
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N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60 each. During the month, fixed costs unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin...
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with explanations please
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Last month, Laredo Company sold 530 units for $65 each. During the month, fixed costs were $4,342 and variable costs were $39 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales.
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were $3,570 and variable costs were $12 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to...
Last month, Laredo Company sold 620 units for $110 each. During the month, fixed costs were $7,656 and variable costs were $66 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution...
N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60 each. During the month, fixed costs unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin...
Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs were $42 per unit. 10 points Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. eBook Complete this question by entering your answers in the tabs below. Hint Required...
In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin (in dollars) Unit contribution margin 24 Contribution margin ratio Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales (in dollars) Break-even sales (in units) units Question Attemnts...
with explanations please
Exercise 18-10 100 . During the month, fixed costs were $14,016 and variable costs In the month of March, Style Salon services 630 clients at an average price of were 68 % of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin Contribution margin per unit % Contribution margin ratio LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the...
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Exercise 11-10 In the month of March, Grouper Salon services 610 clients at an average price of $110. During the month, fixed costs were $24,750 and variable costs were 50% of sales Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin Contribution margin per unit Contribution margin ratio Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales Break-even sales units
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