Question
Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future
Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future calculations and write unit answers in whole units when needed). Units Number of units Sales price per unit Variable costs per unit Total fixed costs 850 units margin ratio (%) Required units to achieve target profit Required units to break-even Required sales dollars to break-even ($) $1,100 $740 $9,300 Target profit $67,100 Calculate: Contribution margin per unit ($) Contribution A 5,000 units $270 $100 $90,400 $658,300 B 2,290 units $190 $61 $59,600 $131,100
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
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