Question
Problem #1: Sales (units) 20,000 Sales price per unit 12.00$ Variable cost per unit 9.00$ Total Fixed cost 25,000$ Use the above information to calculate:
Problem #1: Sales (units) 20,000 Sales price per unit 12.00$ Variable cost per unit 9.00$ Total Fixed cost 25,000$ Use the above information to calculate: a) Contribution Margin per unit and in total b) Contribution Margin Ratio c) Contribution Margin Income Statement Problem #2: Sales (units) 80,000 Sales price per unit 75.00$ Variable cost per unit 35.00$ Total Fixed cost 1,200,000$ Use the above information to calculate: a) Contribution Margin per unit and in total b) Contribution Margin Ratio c) Contribution Margin Income Statement Problem #3: Sales price per unit 1,200.00$ Variable cost per unit 750.00$ Total Fixed cost 900,000$ Use the above information to calculate: a) Contribution Margin per unit b) Contribution Margin ratio c) Breakeven point in units d) Breakeven point in dollars
Chapter 19 Practice Problem #1 (Continued) Problem #4: A company sells a product for $1,650 per unit. The variable cost is $800 per unit and total fixed costs are $1,020,000. Determine the breakeven point in sales units and the sales units and dollars required to achieve a target profit of $255,000. After using the Target Profit formula to calculate the sales units/dollars, prepare a Contribution Margin Income Statement depicting the Target Profit. Include both units and costs per unit on the statement. Problem #5: A company sells a product for $325 per unit. The variable cost is $125 per unit and total fixed costs are $450,000. Determine the breakeven point in sales units and the sales units and dollars required to achieve a target profit of $1,000,000. After using the Target Profit formula to calculate the sales units/dollars, prepare a Contribution Margin Income Statement depicting the Target Prof
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