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Return to question Return to question Calculate the missing amounts for each of the following firms: (Do not round intermediate calculations.) Answer is complete but
Return to question Return to question Calculate the missing amounts for each of the following firms: (Do not round intermediate calculations.) Answer is complete but not entirely correct. points Sales Variable Costs Fixed Costs Firm A $ 316,000 660,563 128,000 73,077 Contribution Margin Ratio 33 29 26 22 $ 211,720 469,000 94.720 57,000 Firm B Firm C Operating Income (Loss) $ 36,655 74,819 (2,320) (4,920) 67,625 118,000 35,600 20,997 % % % Firm D Return to question D&R Corp. has annual revenues of $271,000, an average contribution margin ratio of 34%, and fixed expenses of $119,600. Required: points a. Management is considering adding a new product to the company's product line. The new item will have $8.6 of variable costs per unit. Calculate the selling price that will be required if this product is not to affect the average contribution margin ratio. b. If the new product adds an additional $29,800 to D&R's fixed expenses, how many units of the new product must be sold at the price calculated in part a to break even on the new product? c. If 18,800 units of the new product could be sold at a price of $14.1 per unit, and the company's other business did not change, calculate D&R's total operating income and average contribution margin ratio. Skipped Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Required C Management is considering adding a new product to the company's product line. The new item will have $8.60 of variable costs per unit. Calculate the selling price that will be required if this product is not to affect the average contribution margin ratio. (Round your answer to 2 decimal places.) Selling price per unit
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