Question
1) Eastland Corp. had total variable costs of $155,306, total fixed costs of $119,500, and total revenues of $254,600. Calculate contribution margin ratio. Contribution margin
1) Eastland Corp. had total variable costs of $155,306, total fixed costs of $119,500, and total revenues of $254,600.
Calculate contribution margin ratio.
Contribution margin ratio
--------- %
Compute the required sales in dollars to break even. (Round answer to 0 decimal places, e.g. 15.)
Required sales$ ------
2) Dilts Company has a unit selling price of $600, variable costs per unit of $430, and fixed costs of $209,000.
Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin. (Round answers to 0 decimal places, e.g. 5,275.)
(a) Break-even point units
(b) Break-even point units
3)NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $60 and has variable costs of $44. Model B22 sells for $109 and has variable costs of $81. Model C124 sells for $416 and has variable costs of $319. The sales mix of the three models is A12, 57%; B22, 30%; and C124, 13%.
What is the weighted-average unit contribution margin? (Round answer to 2 decimal places, e.g. 15.50.)
Weighted-Average Unit Contribution Margin$-------------
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