(A) | |||||
a) | Contribution margin per per unit=Selling Price per unit-Variable price per unit | ||||
Variable cost per unit=Selling Price per unit-Contribution Margin per unit | |||||
Contribution margin per per unit | 595 | ||||
Selling Price per unit | 1700 | ||||
Variable cost per unit=($1700-$595) | 1105 | ||||
b) | Contribution Margin Ratio=(Contribution Margin per unit/Selling Price per unit)*100 | ||||
Contribution margin per per unit | 595 | ||||
Selling Price per unit | 1700 | ||||
Contribution margin ratio=($595/$1700)*100 | 35% | ||||
c) | Required Units to Breakeven=Fixed Cost/Contribution Margin per unit | ||||
Fixed Cost | 249900 | ||||
Contribution Margin per unit | 595 | ||||
Required Units to Breakeven=($249900/595) | 420 | ||||
d) | Required sales dollars to breakeven=Fixed Cost/Contribution Margin ratio | ||||
Required sales dollars to breakeven=($249900/35%) | 714000 | ||||
e) | Breakeven sales to achieve target profit=(Fixed Cost+Target Profit)/Contribution Margin per unit | ||||
Fixed Cost | 249900 | ||||
Target Profit | 535500 | ||||
Contribution Margin per unit | 595 | ||||
Breakeven sales=($249900+$535500)/$595 | 1320 | ||||
B | |||||
Contribution Margin | 30% | ||||
Variable cost | 70% | ||||
Selling Price per unit | 100 | ||||
f) | ($3360*100/70) | 4800 | |||
g) | Contribution Margin per unit=($4800*30%) | 1440 | |||
h) | Required Units to Breakeven=Fixed Cost/Contribution Margin per unit | ||||
Fixed Cost | 763200 | ||||
Contribution Margin per unit | 1440 | ||||
Required Units to Breakeven=($763200/1440) | 530 | ||||
i) | Required sales dollars to breakeven=Fixed Cost/Contribution Margin ratio | ||||
Required sales dollars to breakeven=($763200/30%) | 2544000 | ||||
j) | Breakeven sales to achieve target profit=(Fixed Cost+Target Profit)/Contribution Margin per unit | ||||
Fixed Cost | 763200 | ||||
Target Profit | 18892800 | ||||
Contribution Margin per unit | 1440 | ||||
Breakeven sales=($763200+$18892800)/1440 | 13650 | ||||
C) | |||||
k) | Required units to breakeven=Fixed cost/Contribution margin per unit | ||||
425=Fixed cost/600 | |||||
Fixed cost=(425*600) | 255000 | ||||
l) | Contribution Margin per unit=Selling price per unit-Variable cost per unit=($2400-$1800) | 600 | |||
m) | Contribution Margin Ratio=(Contribution Margin per unit/Selling Price per unit)*100=($600/$2400)*100 | 25% | |||
n) | Required sales dollars to breakeven=Fixed Cost/Contribution Margin ratio | ||||
Required sales dollars to breakeven=($255000/25%) | 1020000 | ||||
o) | Required Units to achieve target profit=(Fixed Cost+Target Profit)/Contribution Margin per unit | ||||
Fixed Cost | 255000 | ||||
Target Profit | 720000 | ||||
Contribution Margin per unit | 600 | ||||
Breakeven sales=($255000+$720000)/600 | 1625 |
compute the missing amounts for the following table HW Score: 0%, 0 c 1 of 1...
Compute the missing amounts for the following table (Click the loon to view the table.) Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%) 10 Data Table $ 1.500 900 258,000 582.000 А Sale price per unit Variable costs per unit Total faced costs Target profit Calculate Contribution margin per unit Contribution margin ratio в TL 1.250 Sales price per unit Variable costs per unit 1,500 5 900 258,000 582,000 500 $ 250 72,500 2,375.000 625...
Compute the missing amounts for the following table. B (Click the icon to view the table.) Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.) A $ 100 40 72,000 180,000 Sale price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit % i Data Table - A B...
help solving Compute the missing amounts for the following table eche con lo vw the table H 0 Data Table 1,600 800 Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, XX) A B C Sale price per unit 600 5 4.300 $ 1.600 Vanabe costs per un 150 2.150 800 Tot found costs 82.800 774.000 640.000 Target pro 264,150 29,025000 Calculate Contribution margin perunt Contribution margin ratio Required units to break even Required sales docars to...
Compute the missing amounts for the following table. (Click the icon to view the table.) Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.) $ $ $ Sale price per unit Variable costs per unit A 1,000 600 79,200 268,800 B 3,000 1,500 150,000 4,500,000 1,600 800 640,000 680,000 Total fixed costs Target profit Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to...
compute the missing amounts for the following table ent, X%.) Data Table Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit 1,200 $ 125 $ 5,660 900504,528 81,000 67,500 1,584,800 261,000 1,500,000 1,324,440 Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit Print Print Done Done
Target Profit Trailblazer Company sells a product for $210 per unit. The variable cost is $90 per unit, and flxed costs are $396,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $138,600. 396,000 Xunits a. Break-even point in sales units b. Break-even point in sales units if the company desires a target profit of 120 X units $138,600 Feedback YCheck My Work a. Unit...
PLEASE ANSWER THE FOLLOWING QUESTIONS 1. 2. 3. 4. High-Low Method The manufacturing costs of Gregory Industries for three months of the year are provided below. Total Costs Production January $149,040 990 units February 205,680 2,040 231,840 2,790 Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar. a. Variable cost per unit March $ b. Total fixed cost $ Contribution Margin Sally Company sells...
Complete the table below for the missing amounts. (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C А Number of units 4,512 units $ 245 Sale price per unit Variable costs per unit Contribution margin per unit Total contribution margin Contribution margin ratio $ 98 % Data Table - X A 00 C 4,512 units (d) 180 $ 245 $ $ Number of units Sale price per unit...
Target Profit Ramirez Inc. sells a product for $80 per unit. The variable cost is $60 per unit, and fixed costs are $2,000,000. Determine (a) the break-even point in sales units and (b) the break-even point in sales units if the company desires a target profit of $250,000. a. Break-even point in sales units 100,000 units b. Break-even point in sales units if the company desires a target profit of $250,000 22,500 units Feedback a. Unit sales price minus unit...
EXERCISES: Set A (continued) 30. Break-Even Point and Target Profit Measured in Units (Multiple Products a. Start by calculating the contribution margin for each product Sweater contribution margin- Jacket contribution margin- per unit per unit Then, calculate the weighted average contribution margin per unit: Weighted average contribution margin per unit = ) + ( b. The break-even point in units is calculated as: c. Break-even point in units for each product is: Sweater Jacket Total units (= units (= units...