Last month, Laredo Company sold 620 units for $110 each. During the month, fixed costs were...
N and variable costs were $9 per Last month, Laredo Company sold 520 units for $60 each. During the month, fixed costs unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Determine the unit contribution margin...
Last month, Laredo Company sold 600 units for $80 each. During the month, fixed costs were $3,570 and variable costs were $12 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. Required 1 Required 2 Required 3 Determine the unit contribution margin and contribution margin ratio. (Round your contribution Margin Ratio to...
Last month, Laredo Company sold 530 units for $65 each. During the month, fixed costs were $4,342 and variable costs were $39 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales.
Chapter 6 Assignment i Saved Last month, Laredo Company sold 550 units for $75 each. During the month, fixed costs were $5,577 and variable costs were $42 per unit. 10 points Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo's margin of safety in units and as a percentage of sales. eBook Complete this question by entering your answers in the tabs below. Hint Required...
Last month, Laredo Company sold 640 units for $120 each. During the month, fixed costs were $8,448 and variable costs were $72 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo’s margin of safety in units and as a percentage of sales.
Last month, Laredo Company sold 500 units for $50 each. During the month, fixed costs were $6,560 and variable costs were $9 per unit. Required: 1. Determine the unit contribution margin and contribution margin ratio. 2. Calculate the break-even point in units and sales dollars. 3. Compute Laredo’s margin of safety in units and as a percentage of sales.
nment CALCULATOR PRINTER VERSSON BA. In the month of March, Sarasota Salon services 620 dlients at an average price of $200. During the manth, fixed costs were $26,400 and variable costs were 67 % of sales. (a) Your answer has been saved and sent for grading. See Gradebook for score details Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin 40,920 Contribution margin per unit 66 Contribution margin ratio 33% LINK TO TEXT LINK TO...
with explanations please
Exercise 18-10 100 . During the month, fixed costs were $14,016 and variable costs In the month of March, Style Salon services 630 clients at an average price of were 68 % of sales. Determine the contribution margin in dollars, per unit, and as a ratio. (Round answers to 0 decimal places, e.g. 1,225.) Contribution margin Contribution margin per unit % Contribution margin ratio LINK TO TEXT VIDEO: APPLIED SKILLS Using the contribution margin technique, compute the...
In the month of September, Matlock Industries sold 800 units of product. The average sales price was $30. During the month, fixed costs were $6,300 and variable costs were 70% of sales. Determine the contribution margin in dollars, per unit, and as a ratio. Contribution margin (in dollars) Unit contribution margin 24 Contribution margin ratio Using the contribution margin technique, compute the break-even point in dollars and in units. Break-even sales (in dollars) Break-even sales (in units) units Question Attemnts...
Menlo Company distributes a single product. The company's sales and expenses for last month follow: Sales Variable expenses Contribution margin Fixed expenses Net operating income Total $636,000 445,200 190,800 152,400 $ 38,400 Per Unit $ 40 28 $ 12 - Required: 1. What is the monthly break-even point in unit sales and in dollar sales? 2. Without resorting to computations, what is the total contribution margin at the break-even point? 3-a. How many units would have to be sold each...