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need E = Use this income statement to answer the questions that follow. $6,200 3.968 2.232 Sales ($50 per unit) Less: Cost of goods sold
need E = Use this income statement to answer the questions that follow. $6,200 3.968 2.232 Sales ($50 per unit) Less: Cost of goods sold ($32 per unit) Gross margin Less operating expenses: Salaries Advertising Shipping ($4 per unit) Operating Income $686 378 496 1,560 $ 672 (a) Your answer is correct. What is the variable cost per unit? Variable cost per unit $ 36 Your answer is correct. What is the total fixed expense? Total fixed expense $ 1064 e Textbook and Media Attempts: 1 of 3 used (c) Your answer is correct. What is the contribution margin per unit? $ 14 Contribution margin per unit Question 5 of 10 0.67 / 1 III (d) en S 50. Your answer is correct. What is the contribution margin ratio? (Round contribution margin ratlo to 2 decimal places, eg. 15.25 and percentage to decimal places, es. 15.) .28 28 Contribution margin ratio % or e Textbook and Media Attempts: 1 of 3 used (e) Your answer is incorrect. What is the breakeven point in units? (Please always round the breakeven point in units upwards to the whole number, eg. 15.25 Your answer is incorrect. What is the breakeven point in units? (Please always round the breakeven point in units upwards to the whole number, eg. 15.25 round to 16.) Breakeven point in units units What is the breakeven point in dollars? (Round answer to 2 decimal places, eg. 15.25.) Breakeven point in dollars $ e Teythonk and Media
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