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Round ans to 2 dp 1a. The unit contribution margin is __ dollars. 1b. The break-even in units is __ units. 2. Operating income is

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Round ans to 2 dp

1a. The unit contribution margin is __ dollars.

1b. The break-even in units is __ units.

2. Operating income is __ dollars.

3. The contribution margin ratio is __ %

3b. The break even sales revenue is __ dollars.

3c. If revenues were $200,000 more than expected for the coming year, total operating income would be __ dollars.

Exercise 4-24 Basic Cost-Volume-Profit Concepts OBJECTIVE Berry Company produces a single product. The projected income statement for the coming year is as follows: $1,800,000 594,000 1,206,000 984,025 S 221,975 Sales (24,000 units@$75) Less: Variable costs Contribution margin Less: Fixed costs Operating income Required: 1. Compute the unit contribution margin and the units that must be sold to break even. 2. Suppose 30,000 units are sold above break-even. What is the operating income? 3. Compute the contribution margin ratio and the BEP in dollars, Suppose that revenues are S500,000 more than expected for the coming year. What would the total operating income be

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