Question
Compute the missing amounts for the following table. A Sales price per unit $1,800 Variable costs per unit 720 Total fixed costs 669,600 Target profit
Compute the missing amounts for the following table.
| A |
Sales price per unit | $1,800 |
Variable costs per unit | 720 |
Total fixed costs | 669,600 |
Target profit | 1,188,000 |
Calculate: | |
Contribution margin per unit |
|
Contribution margin ratio |
|
Required units to break even |
|
Required sales dollars to break even |
|
Required units to achieve target profit |
|
B |
$10 |
6 |
60,000 |
75,000 |
|
|
|
|
|
|
C |
$5,000 |
3,750 |
1,187,500 |
1,875,000 |
|
|
|
|
|
|
(Click the icon to view the table.)
Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)
| A |
|
Sale price per unit | $1,800 | |
Variable costs per unit | 720 | |
Total fixed costs | 669,600 | |
Target profit | 1,188,000 | |
Calculate: | ||
Contribution margin per unit |
| |
Contribution margin ratio | % | |
Required units to break even |
| |
Required sales dollars to break even |
| |
Required units to achieve target profit |
|
|
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