Homework Answers
Answers
- 2016
>At Break even, contribution margin
equals Fixed Cost.
>Contribution margin = $ 122,000
>Sales = $ 305000
>variable cost = $ 305000 - 122000 = $ 183,000
Calculation:
>Variable cost per unit = $ 183000 / 61000 units =
$ 3.00
>CM Ratio = ($122000 / 305000) x 100 = 40%
- 2017
>New Break even = $ 437000
>Fixed Cost = Contribution margin = $ 437000 x 40% = $ 174,800
>Past fixed cost= $ 122,000
Increase in Fixed Cost = $ 174800 –
122000
= $ 52,800
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