Homework Answers
| Calculation of sale in dollars & sale volume | ||||||
| Contribution margin = sale-variable cost | ||||||
| contribution margin = 35 p.u -22.05 p.u = 12.95 p.u | ||||||
| contribution ratio = 12.95/35 = 37% | ||||||
| sale = fixed cost+desired profit/contribution ratio | ||||||
| sale = (110055+57000)/0.37 | ||||||
| sale = 451500 | ||||||
| sale volume in units = (fixed cost+desired profit)/contribution p.u | ||||||
| sale volume in units = (110055+57000)/12.95 | ||||||
| sale volume in units = 12900 |
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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.)
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