please fill in all the blanks. thank you!
Homework Answers
| unit selling price | unit Variable costs | unit Contribution margin | Contribution margin ratio | |
| 1. | $550 | $440 | $110 (a) | 20% (b) |
| 2. | $360 | $210 (c) | $150 | 42% (d) |
| 3. | $1,240(e) | $930 (f) | $310 | 25% |
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 |
Add Answer to:
please fill in all the blanks. thank you!
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Brief Exercise 18-6
Determine the missing amounts. (Round answers to 0
decimal places, e.g. 1,225.)
Unit Selling
Price
Unit Variable
Costs
Unit Contribution
Margin
Contribution Margin
Ratio
1.
$640
$420
$
(a)
% (b)
2.
$500
$
(c)
$100
% (d)
3.
$
(e)
$
(f)
$370
40
%
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determine the missing amounts
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Determine the missing amounts Unit Contribution Margin Unit Selling Price Unit Variable Costs Contribution Margin Ratio...
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Brief Exercise 18-6
Determine the missing amounts. (Round answers to 0
decimal places, e.g. 1,225.)
Unit Selling
Price
Unit Variable
Costs
Unit Contribution
Margin
Contribution Margin
Ratio
1.
$640
$420
$
(a)
% (b)
2.
$500
$
(c)
$100
% (d)
3.
$
(e)
$
(f)
$370
40
%
A brief explanation would be appreciated! Thank you!
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