Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:
Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.)
A | B | C | |
Number of units | 1290 Units | 13860 Units | 2620 Units |
Sale price per unit | 1400 | 4300 | 5330 |
Variable cost per unit | 700 | 2150 | 3731 |
Calculate | |||
Contribution margin per unit | 700 | 4300-2150 = 2150 | 5330-3731 = 1599 |
Total Contribution margin | 700*1290 = 903000 | 2150*13860 = 29799000 | 1599*2620 = 4189380 |
Contribution margin ratio | 50% | 50% | 30% |
Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: EE...
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