Question
Requirement 1 a) What is the total contribution? The total contribution margin is _______ b) What is the total variable expense? The total variable expense
Requirement 1 a) What is the total contribution? The total contribution margin is _______ b) What is the total variable expense? The total variable expense is _________ c) How many units are sold? __ units were sold d) What is the per-unit variable expense? The per unit expense is _____ e) What is the per unit contribution margin? The per unit contribution margin is ______
Now fill in the missing numbers on the table
Total Per Unit Percentage %
Sales $110,000 $40 _________
Variable expense __??_ ______ _________
Contribution margin 11,000
Fixed expenses $44,000
Operating income ___________
Requirement 2 What is the breakeven points in units? What is the breakeven point in sale dollars?
Requirement 3 The company must sell __ units to earn a profit of ____ {skip if needed} The current margin of safety units? ___ The current margin of safety in sales dollars? ___ The current margin of safety in percentage? ____ The margin of safety is ___ %
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