Question

Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio...

Determine the missing amounts.

Unit Selling
Price

Unit Variable
Costs

Unit Contribution
Margin

Contribution Margin
Ratio

1. $600 $300 $enter a dollar amount (a) enter percentages % (b)
2. $300 $enter a dollar amount (c) $126 enter percentages % (d)
3. $enter a dollar amount (e) $enter a dollar amount (f) $690 30 %
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Answer #1

Contribution Margin=Sales-Variable costs

Contribution Margin ratio=Contribution Margin/Sales

Unit selling price Unit variable cost Unit Contribution Margin Contribution Margin ratio
600 300 (600-300)=$300 (300/600)=50%
300 (300-126)=174 126 (126/300)=42%
(690/0.3)=$2300 (2300-690)=$1610 690 30%
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