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Smith Company manufactures and sells a single product. The company's sales and expenses for last year follow: (Click the icon to view the information.) i

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Smith Company manufactures and sells a single product. The company's sales and expenses for last year follow: (Click the icon to view the information.) i Requirements 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? 0 Data Table The total contribution margin is $ % Sales.....................$ Total Per Unit 100,000 $ 20 ? 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 $50,000? 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? Variable expenses.......- Contribution.margin...... Fixed expenses... .. 12,000 28,000 $ Operating income.... Print Done Print Done Enter any number in the edit fields and then click Check

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