Homework Answers
Calculation of Contribution margin per unit
Contribution margin per unit (CMPU)
CMPU = Selling price - Variable cost per unit
CMPU = $45 - $30.15 = $14.85
Contribution margin ratio = 14.85/45 = 33%
Calculation of required contribution to earn annual profits of $62,000
Required contribution= Fixed costs + desire profits
Reqiured contribution = $83,530 + $62,000 = $145,530
Required sales ($) = 145,530/33% = $441,000
Sales units = 441,000/45 = 9,800 units
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Use the per unit contribution margin approach to determine the
sales volume in units and dollars required to earn the desired
profit. (Do not round intermediate calculations. Round your
final answers to the nearest whole number.)
Sales in dollars Sales volume in units
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