Contribution margin = Selling price - Variable expense
So, Contribution margin = 30 - 8 = 22
Contribution margin ratio = (Sales - Variable expense) / sales
there fore Contribution margin ratio = (30 - 8) / 30 = 0.7333
Answer :- Option (d)
If the price Product A is $30 per unit, unit variable cost is $8 and total...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $353,000. The variable cost per unit is $0.45. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $111 and has fixed cost of $414,000. Next year, Sooner expects to sell...
Spartan Systems reported total sales of $480,000, at a price of $30 and per unit variable expenses of $21. for the sales of their single product. Per Unit Total $480,000 336,000 Sales Variable expenses $30 Contribution margin 144,000 Fixed expenses 118,000 Net operating Income $26,000 What is the amount of contribution margin if sales volume increases by 40%? (Round your intermediate calculations to 2 decimal places and your final answer to the nearest whole number.) $175,500 O $34,500 O $201,600...
9. A company provided the following information: $500,000 $30 Sales revenue Variable cost per unit Contribution margin ratio Total fixed cost 0.40 $110,000 Using the above information, determine the: a) Selling price per unit b) Breakeven point in units and dollars. Prove the results. c) Contribution margin per unit d) Margin of safety in dollars and as a percent
product 1 product 2 Total Expected Unit Sales 140 60 200 Price per unit Variable cost per unit Contribution margin $240 180 $120 80 per unit 60 Revenue Variable costs Contribution margin 33600 25200 8400 7200 4800 2400 $40,800 30000 10800 Fixed Costs operating income 2700 $8,100 How many units of product 1 would be sold at break-even?
Cooper Company sells a product at $50 per unit that has unit variable costs of $20. The company's break-even sales point in sales dollars is $150,000. How much is the fixed costs now? (Hint: The fixed costs is same as the total contribution margin when there is break-even.) Select one: O a. $200,000 O b. $100,000 O c. $90,000 O d. $120,000 Zeus, Inc. produces a product that has a variable cost of $3.00 per unit. The company's fixed costs...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
Determine the required sales if the variable cost per unit is 60% of the selling price, fixed costs are $180,000 and the target net income is $100,000. Prove your result. Determine the total variable costs for a company that has a contribution margin of $450,000 and a contribution margin ratio of 30%.
INPUT: Product A Product B Selling price per unit $ 83.00 $ 46.00 Variable cost of goods sold per unit $ 53.00 $ 20.00 Variable selling & administrative expenses per unit $ 3.00 $ 1.00 Total Fixed cost of goods sold $ 56.00 $ 21.00 Total Fixed Selling & administrative expenses $ 100,000.00 $ 90,000.00 CHECK AND HELPED NEEDED WITH OUTPUT... I DID THE YELLOW AND WANT IT CHECKED AND NEED HELP WITH PURPLE OUTPUT: Product A Product B Contribution...
If selling price is $150 per unit, variable cost is $81 per unit, and fixed cost is $240, calculate the contribution margin ratio. O 160X O 29% 0 46% O 38% Save for later Attempts: 0 of 1 used Sumit Answer
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