Question
Q 1 part a. Sales Total Variable Costs Total Fixed Costs Total Costs Operating Income (Loss) CM% 1. $250,000.00 $145,000.00 $50,000.00 $195,000.00 $55,000.00 2.. $150,000.00
Q 1 part a.
| Sales | Total Variable Costs | Total Fixed Costs | Total Costs | Operating Income (Loss) | CM% |
1. | $250,000.00 | $145,000.00 | $50,000.00 | $195,000.00 | $55,000.00 | |
2.. |
| $150,000.00 | $140,000.00 | $290,000.00 | $110,000.00 | 62.50% |
Question 1 part b.
complete the following chart in which SP = selling price per unit, VC = variable cost per unit, CM Unit = contribution margin per unit and CM Total = total contribution margin.
| SP | VC | CM Unit | Units Sold | CM Total | Total Fixed Costs | Operating Income (Loss) |
3. | $35.00 | $10.00 | 10000 | $100,000.00 | $45,000.00 | $55,000.00 | |
4. | $32.00 | $12.00 | $20.00 | 20,000 | $400,000.00 | ($15,000.00) |
|
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