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Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing
Problem 5-121 [LO 5-5) Chilton, Inc. sold 11,700 units last year for $21 each. Variable costs per unit were $2.00 for direct $60,600 in manufacturing overhead and $40,200 in nonmanufacturing costs. materials, $3.00 for direct labor, and $3.10 for variable overhead. Fixed costs were a. What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.) b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.) O Type here to search 9:27 4/4/2 b. What is the unit contribution margin? (Round your answer to 2 decimal places.) c. What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.) d. If sales increase by 2,060 units, by how much will profits increase? (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amoun References Problem Difficulty 2 Medium 9:2 O Type here to search
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