Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Instructor-created question Gable Company manufactures and sells a single product. The company's sales and expenses for last year follow (Click the icon to view the

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Instructor-created question Gable Company manufactures and sells a single product. The company's sales and expenses for last year follow (Click the icon to view the information.) Read the requirements Requirement 1.Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table a. What is the total contribution margin? Data Table The total contribution margin is $ L - X b. What is the total variable expense? The total variable expense is $ % Total Per Unit 150,000 $ 20 Sales c. How many units were sold? $ Variable expenses units were sold d. What is the per-unit variable expense? Contribution margin Fived expenses Operating income 12.000 25.500 The per-unit variable expense is e. What is the per-unt contribution margin? Print Done The per-unit contribution margin is $ Now in the missing numbers in the table. Enter the percentages as whole numbers, XX Total Per Unit 150 000 $ 20 Sales $ Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All margin of safety asa P De Homework 2020 MATH1100 Wor.. amu Wale Company maneres des a single product. The company's sales and expenses for last year follow (Old the icon to view the information) Read the requirements A Data Table Total Per Unit 5 S 150 000 $ 20 e. What is the per-unit contribution margin? The per-unit contribution marginis Now in the missing numbers in the table (Enter the percentages as whole numbers, 2003 Total Per Unit 150,000 $ 20 Variable expenses. L Contribution margin Fored expenses 12.000 5 Operating Income 25.500 Requirement 2. wwe the following is about breakeven What is the braven point in uns? Begin by dentyling the formula to compute the braven point in its ... Variable expenses Contribution Operating income Done Breakeven sales in units Thebeve politinis What is the man paintin d o Choose tom any store any number the routed then click here All parts showing GOT7 - MURU EBRER 5 R esate non urvey ES ELS B- under the - der Gate Company manufactures and sols a single product. The company's sales and expenses for last year follow Click the icon to view the information) Read the resirements b. What is the breakeven point in sales dollars? Begin by dertilying the formula to compute the breakeven point in sales dollars = Breakeven sales in dollars The breakeven point in sales dollars is Requirements. Answer the following questions about target profit analysis and safety margin: b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in its Margin of safety in units Data Table Variable expenses The current margin of safety in units is c. What is the margin of safety in sales doors? Begin by identifying the formato compute the margin of safety in dollars Contribution margin Fored expenses Margin of safety in dollars The margin of in dotasis d. What is the margin of safety in percentage? Choose from any to enter any number in the input fields and then click Check Answer All parts showing mu LP CE F192 insuUCIUI-uledieu quesuun Gable Company manufactures and sells a single product. The company's sales and expenses for last year follow Click the icon to view the information) Read the requirements Requirements. Answer the Tonowing questions about target promt analysis and satery margin: b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in units - Margin of safety in units The current margin of safety in units is c. What is the margin of safety in sales dollars? Begin by identifying the formula to compute the margin of safety in dollars. Margin of safety in dollars The margin of safety in dollars is 5 d. What is the margin of safety in percentage? Begin by identifying the formula to compute the margin of safety in percentage Margin of safety as a percentage of budgeted sales - (Round the percentage to the nearest tenth percent, XX%) The margin of safety percentage is Choose from any list or enter any number in the input fields and then click Check Answer All parts showing S Clear A m argin of safety as a De Home -Bace 2020 MATH11 Wor

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Eco Management And Auditing A Practical Guide To EC Regulations

Authors: Joseph Tanega

1st Edition

1859070094, 978-1859070093

More Books

Students also viewed these Accounting questions

Question

What is human nature?

Answered: 1 week ago