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6. Compute the contribution margin ratio for ACME Corporation when they sold 15,000 units with a total sale of $150,000 and total variable costs were

6. Compute the contribution margin ratio for ACME Corporation when they sold 15,000 units with a total sale of $150,000 and total variable costs were $80,000 and fixed costs was $40,000.

a. Prepare a contribution statement for the sales and costs above.

b. Include a column for the expected sales (or prepare a separate statement) if they are able to increase sales by 10%.

c. Compute the break-even level of sales in units and in dollars for ACME.

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