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Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Cheetah Company manufactures custom-designed skins (covers) for iPods and other portable MP3 devices. Variable

Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Cheetah Company manufactures custom-designed skins (covers) for iPods and other portable MP3 devices. Variable costs are $11.20 per custom skin, the price is $16, and fixed costs are $105,600. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. 105,588 X per custom skin Accounting numeric field custom skins 2. How mal 3. If Cheetah Company sells 23,000 custom skins, what is the operating income? heetah Company sell to break even? 4. Calculate the margin of safety in units and in sales revenue if 23,000 custom skins are sold. Margin of safety in units Margin of safety in sales revenue Feedback Check My Work units 1. Calculate contribution margin per unit (Price - Variable cost).
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Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Mrgin of Safety Cheetah Company manufoctures custom-designed skins (covers) for iPods"s and other portable M.P3 devices. Variable costs are $11.20 per custom skin, the price is $16, and fixed costs are $105,600. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. X per custom skin 2. How mol, Accounting pumeric fies leetah Company sell to break even? custom skins 3. If Chetah Company sells 23,000 custom skins, what is the operating income? 4. Calculste the margin of safety in units and in sales revenue if 23,000 custam skint are sold. Margin of safety in units units Margin of safety in sales revenue - Orea mi wos 1. Calculate contribution margin per unt (Price-Varlable cost)

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