Question
Miller Company provides the following sales data: Expected sales 5,000 units Unit selling price $16 Unit variable cost $12 Total fixed cost $12,000 Answer the
Miller Company provides the following sales data:
Expected sales 5,000 units
Unit selling price $16
Unit variable cost $12
Total fixed cost $12,000
Answer the following questions for Miller Company. Do not use percentage signs, dollars signs, or commas in your answers.
Unit Contribution Margin
Contribution Margin Ratio . Round to the nearest whole percent.
Unit sales required to break even . Round up to the next unit if your answer has a partial unit.
Sales dollars required to break even . Round to the nearest whole dollar.
Unit sales required to earn a target pretax income of $5,000 . Round up to the next unit if your answer has a partial unit.
Sales dollars required to earn a target pretax income of $10,000 Round to the nearest whole dollar.
Margin of safety in sales dollars if Miller expects sales of $68,000 . Round to the nearest whole dollar.
Margin of safety as a percent of sales if Miller expects sales of $68,000 %. Round to the nearest whole percent.
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