Score: 0 of 2 pts 1 of 8 (0 complete) Instructor-created question Bowerston Company manufactures and sells a single product. The company's sales and expenses for last year follow: Click the icon to view the information.) Read the requirements Requirement 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: a. What is the total contribution margin? Data Table The total contribution margin is $ b. What is the total variable expense? Total Per Unit The total variable expense is $ Sales.. $ 123,000 $ ? C. How many units were sold? Variable expenses. units were sold Contribution margin... 12,300 Fixed expenses d. What is the per-unit variable expense? $ 49,200 Operating income The per-unit variable expense is $ e. What is the per-unit contribution margin? The per-unit contribution margin is $ % 24 ? 7 2 ? 2 7 Print Done i Requirements X ving 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: a. What is the total contribution margin? b. What is the total variable expense? c. How many units were sold? d. What is the per-unit variable expense? e. What is the per-unit contribution margin? 2. Answer the following questions about breakeven analysis: a. What is the breakeven point in units? b. What is the breakeven point in sales dollars? 3. Answer the following questions about target profit analysis and safety margin: a. How many units must the company sell in order to earn a profit of $57,000? b. What is the current margin of safety in units? c. What is the margin of safety in sales dollars? d. What is the margin of safety in percentage? Print Done Now fill in the missing numbers in the table. (Enter the percentages as whole numbers, "XX") Total Per Unit % Sales. 123,000 $ 24 % % Variable expenses Contribution margin % Fixed expenses. 12,300 $ 49,200 Operating income Requirement 2. Answer the following questions about breakeven analysis: a. What is the breakeven point in units? Begin by identifying the formula to compute the breakeven point in units. Breakeven sales in units The breakeven point in units is b. What is the breakeven point in sales dollars? Begin by identifying the formula to compute the breakoven point in sales dollars. Breakeven sales in dollars The breakeven point in sales dollars is $ Requirement 3. Answer the following questions about target profit analysis and safety margin: b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in units. Margin of safety in units The current margin of safety in units is c. What is the margin of safety in sales dollars? Begin by identifying the formula to compute the margin of safety in dollars. Marnin of safety in dollar c. What is the margin of safety in sales dollars? Begin by identifying the formule to compute the margin of safety in dollars. Margin of safety in dollars The margin of safety in dollars is $ d. What is the margin of safety in percentage? Begin by identifying the formula to compute the margin of safety in percentage. Margin of safety as a percentage of budgeted sales (Round the percentage to the nearest tenth percent, XX%.) The margin of safety percentage is %
