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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)

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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