Big Al is about to begin work on the budget for 20x2 and they have requested that you prepare analysis
based on the following assumptions.
Note: Remember, that we cannot sell part of a lamp, therefore to find the number of units you have to round
up to the next complete unit. Furthuremore, to find the required sales in dollars it may be easier to find the
number of units and then multiply by the selling price per unit.
For 20x2 the selling price per lamp will be $45.00. What is the projected contribution margin and contribution
margin ratio for each lamp sold?
Contribution Margin per unit (Round to two places, $##.##)
Contribution Margin Ratio (Round to four places,% is two of those places ##.##%)