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Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Sales Total $9,450,000 Total variable cost 6,142,500 Contribution margin $3,307,500 Total fixed cost 1,929,375 $1,378,125 Operating income Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent per unit 1(c). Compute contribution margin ratio. Enter to one decimal point. % 1(d). Compute break-even point in units. Reminder: round-up to ensure partial units are completed. units 1(e). Compute break-even point in sales dollars..
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