Calculaye (a) Contribution Margin and (b) Operating Income

2. Part A - 6 marks CVP Analysis computation; fill in the blank for each of the following independent cases. Unit selling Unit variable Number of units Total contribution Total fixed Operating Case price cost sold (Q) margin costs Income 1 70 25 20,000 200,000 2 87 62 15,000 125,000 3 250 100 30,000 900,000 150 78 24,000 228000 Hint: Multiply "Q" with unit price and cost. Part B - 4 marks CVP computations. Leena Manufacturing sold 200,000 units of its product for $30 per unit. Variable cost per unit is $25 and total fixed costs are $800,000. Calculate (a) Contribution Margin and (b) Operating Income