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Hel Omron sold 11,800 units of blood pressure monitors last year for $21 each. Variable costs per unit include direct materials of $3.00, direct labor
Hel Omron sold 11,800 units of blood pressure monitors last year for $21 each. Variable costs per unit include direct materials of $3.00, direct labor of $3.50, and variable manufacturing overhead of $3.10. Fixed costs include manufacturing overhead of $60,700 and nonmanufacturing costs of $41,800. Four requirements: a. Compute the total contribution margin. b. Compute the unit contribution margin c. Compute the contribution margin ratio. d. If sales increase by 2,110 units, by how much will profits increase? a. Compute the total contribution margin. (Round your intermediate calculations to 2 decimal places.) Total Contribution Margin b. Compute the unit contribution margin. (Round your answer to 2 decimal places.) Unit Contribution Margin c. Compute the contribution margin ratio. (Round your intermediate calculations and final answer to 2 decimal places.) Saved b. Compute the unit contribution margin. (Round your answer to 2 decimal places.) Unit Contribution Margin 5:12 c. Compute the contribution margin ratio. (Round your intermediate calculations and final answer to 2 decimal places.) Contribution Margin Ratio % d. If sales increase by 2,110 units, by how much will profits increase? (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amount.) Prefits Increase
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