S21-9,10,11

Cost-Volume-Profit Analysi 621-9 Computing contri?hution margin, units and required sales to break even, Learning Objectives 2 units to achieve targei proit Compute the missing aniounts for the following table: 8 Sales price per unit Variable costs per unit Total fixed costs Target profit Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit $2,500 1,250 2,940 1,097,600 273,000 630,000 24,892,000 1,562,500 700 40% 325 units Ci) Use the following information to complete Short Exercises $21-10 through $21-13 Funday Park competes with Cool World by providing a variety of rides. Funday Park sells tickets at $70 per person as a one-day entrance fee. Variable costs are $42 per person, and fixed costs are $170,800 per month. S21-10 Computing contribution margin per unit, breakeven point in sales units Learning Objectives Compute the contribution margin per unit and the number of tickets Funday Park must sell to break even. Perform a numerical proof to show that your answer is correct. S21-11 Computing contribution margin ratio, breakeven point in sales dollars Learning Objectives Compute Funday Park's contribution margin ratio. Carry your computation to two decimal places. Use the contribution margin ratio approach to determine the sales revenue Funday Park needs to break even