Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please solve it in a piece of paper I need it quick! 100 S21-8 Computing contribution margin, units to achieve target profit, and breakeven point

please solve it in a piece of paper I need it quick!
image text in transcribed
100 S21-8 Computing contribution margin, units to achieve target profit, and breakeven point Compute the missing amounts for the following table. A B Number of units 1,300 units 3,600 units 7,500 units Sales price per unit $ 100 $ 40 $ 125 Variable costs per unit 40 10 Total fixed costs 72,000 60,000 40,000 Target profit 180,000 75,000 100,000 Calculate: Contribution margin per unit Contribution margin ratio Required units to achieve target profit Required units to breakeven Required sales dollars to breakeven Additional requirements V. Costa Required $ to achieve target profit Margin of safety in units Margin of safety in $ Degree of Operating leverage Prepare the contribution margin income statement Draw the breakeven point graph (show all information)

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

Effective Communications

Authors: Elearn

1st Edition

1138456136, 9781138456136

More Books

Students also viewed these Accounting questions

Question

Discuss various types of training methods.

Answered: 1 week ago

Question

Illustrate the value of different types of employment tests.

Answered: 1 week ago

Question

Outline key considerations when making a hiring decision.

Answered: 1 week ago