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E20-25 (similar to) Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: DATA: NUMBER OF UNITS: 1,140 units
E20-25 (similar to) |
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Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:
DATA:
NUMBER OF UNITS: 1,140 units
SALE PRICE PER UNIT: 1,200
VARIABLE CPST PER UNIT: 900
Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.)
| A | |
Number of units | 1,140 | units |
Sale price per unit | $1,200 | |
Variable costs per unit | 900 | |
Calculate: | ||
Contribution margin per unit |
| |
Total contribution margin |
| |
Contribution margin ratio |
| % |
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