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just 4, 5, and 6 please! Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income
just 4, 5, and 6 please!
Break-Even Units, Contribution Margin Ratio, Multiple-Product Breakeven, Margin of Safety, Degree of Operating Leverage Jellico Inc.'s projected operating income (based on sales of 450,000 units) for the coming year is as follows: Total Sales $ 9,000,000 Total variable cost 5,850,000 Contribution margin $3,150,000 Total fixed cost 1,837,500 Operating income $1,312,500 Required: 1(a). Compute variable cost per unit. Enter your answer to the nearest cent. 13 per unit 1(b). Compute contribution margin per unit. Enter your answer to the nearest cent. 7 per unit 1(c). Compute contribution margin ratio. Enter to one decimal point. 35 % 1(d). Compute break-even point in units. Reminder: round-up to ensure partial units are completed. 262,500 units 1(e). Compute break-even point in sales dollars. 5,250,000 2. How many units must be sold to earn operating income of $65,625? Sdies dollars. 5,250,000 Step by Step Solution
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