Question
Chilton, Inc. sold 12,100 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $3.40 for direct labor, and $3.70
Chilton, Inc. sold 12,100 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $3.40 for direct labor, and $3.70 for variable overhead. Fixed costs were $61,000 in manufacturing overhead and $41,100 in nonmanufacturing costs. a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.) d. If sales increase by 2,080 units, by how much will profits increase? (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amount.)
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