please fill in all the blanks. thank you! Determine the missing amounts (Round answers to O...

Question

Question

Determine the missing amounts (Round answers to O decimal place . 1,225.) Unit Selling Price Unit Variable Unit Contribution

please fill in all the blanks. thank you!

Answer 1

Answer #1

Explanation:-

(a)	Unit Contribution margin = $550 -$440 =$110
(b)	Contribution margin ratio = $110/$550 = 0.2; 0.2 ×100 =20%
(c)	Unit Variable cost = $360 -$150 = $210
(d)	Contribution margin ratio = $150/$360 = 0.42 ( round off); 0.42 ×100 =42%
(e)	unit selling price = $310/25% = $1,240
(f)	Unit Variable cost = $1,240 -$310 = $930

Answer 2

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