ework Question 1, Instructor-created question HW Score: 79.5%, 7.16 of 9 points Points: 0.66 of 1 Save High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: (Click the icon to view the data.) Read the requirements Requirement 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? Begin by identifying the formula. Sales price per unit Variable cost per unit Contribution margin per unit The contribution margin per unit is $ 4.00 What is the company's contribution margin percentage? Begin by identifying the formula. Contribution margin per unit Sales price per unit Contribution margin percentage (Round your answer to the nearest whole percent.) The contribution margin percentage is 20 % What is the company's total contribution margin? Begin by identifying the formula. Sales revenue Variable expenses Contribution margin The total contribution margin is $ 480,000 Requirement 2. What would the company's monthly operating income be if the company sold 150,000 units?work Question 1, Instructor-created question HW Score: 79.5%, 7.16 of 9 points Points: 0.66 of 1 Save per month are as follows: High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units (Click the icon to view the data.) Read the requirements. The total contribution margin is $ 480,000 Requirement 2. What would the company's monthly operating income be if the company sold 150,000 units? Use the following table to compute the operating income if 150,000 units are sold. Sales volume (units) 150,000 Unit contribution margin Contribution margin $ 600,000 Less: Fixed expenses 468,000 $132,000 Operating income Requirement 3. What would the company's monthly operating income be if the company had sales of $4,500,000? Use the following table to compute the operating income with sales totaling $4,500,000, (Enter the contribution margin ratio to the nearest whole percent.) Sales revenue $ 4,500,000 Contribution margin ratio 20 % Contribution margin $ 900,000 468.000 Less: Fixed expenses $ 432,000 Operating incomerk Question 1, Instructor-created question HW Score: 79.5%, 7.16 of 9 points Points: 0.66 of 1 Save High Tech Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows: (Click the icon to view the data.) Read the requirements. X Data table The total contribut Sales price per unit: (current monthly sales volume is 120,000 units) $ 20.00 Requirement 2. W Variable costs per unit: Use the following t Direct materials $ 7.40 Sales volume (un Direct labor: S 5.00 Unit contribution Variable manufacturing overhead $ 2.20 Contribution marg Variable selling and administrative expenses 1.40 Less: Fixed exp Monthly fixed expenses Operating income Fixed manufacturing overhead S 191,400 Fixed selling and administrative expenses S 276,600 Requirement 3. W Use the following t arest whole percent.) Sales revenue Print Done Contribution marg Contribution marg 468,000 Less: Fixed expenses 432,000 Operating incomeork