Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Complete the table below for the missing amounts A B C Number of units 4,512 units (d) 2,112 units Sale price per unit $245 $192
Complete the table below for the missing amounts
| A | B | C | |||
Number of units | 4,512 | units | (d) | 2,112 | units | |
Sale price per unit | $245 | $192 | (g) | |||
Variable costs per unit | (a) | 248 | 3,014 | |||
Contribution margin per unit | $98 | (e) | (h) | |||
Total contribution margin | (b) | $(1,324,400) | (i) | |||
Contribution margin ratio | (c) |
| (f) |
| 45 | % |
Compute the missing information, starting with scenario A, then for scenarios B and C.
| A | |
Number of units | 4,512 | units |
Sale price per unit | $245 | |
Variable costs per unit | ? | |
Contribution margin per unit | $98 | |
Total contribution margin | ? | |
Contribution margin ratio | ? | % |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started