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Donaldson Company manufactures and sells a single product. The company's sales and expenses for last year follow 33 (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? Requirements The total contribution margin iss 0 Data Table Total Per Unit Sales 120,000 $ Variable expenses 1. Fa 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? Answer the following questions about target profit analysis and safety margine a. How many units must the company sell in order to com a profit of $54,000? b. What is the current margin of safety in units? e. What is the margin of safety in sales dollar? d. What is the margin of safety in percentage? Contribution margin... 13.500 Fixed expenses Operating income 15.500 Print Done Print Done ACCT 200 - Managerial Accounting SPRING 2020 LT Homework: Lesson 9 (Chapter 7) Homework Score: 4 of 5 pts E7-38A (similar to) 4 of 5 (5 complete) Johnson Company manufactures and sells a single product. The company's sales and expenses for last year follow: E (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? The total contribution margin is $ 40,000 b. What is the total variable expense? The total variable expense is $ 60,000 c. How many units were sold? 5,000 units were sold. d. What is the per-unit variable expense? The per-unit variable expense is $ 12 e. What is the per-unit contribution margin? The per-unit contribution margin is $ Now fill in the missing numbers in the table. (Enter the percentages as whole numbers, "XX") Total Per Unit 100,000 $ 20 60.000 12 Sales ..... ........$ Variable expenses.... Contribution margin 100 % 40.000 This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. All parts showing Homework: Lesson 9 (Chapter 7) Homework 4 of 5 (5 complete) a 06516 completo - D core: 4 of 5 pts E7-38A (similar to) Johnson 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 e. What is the per-unit contribution margin? The per-unit contribution margin is $ Now fill in the missing numbers in the table. (Enter the percentages as whole numbers, "XX") Total Per Unit 100,000 $ Sales. 20 100 % 60,000 Variable expenses. 12 Contribution margin. 40,000 12,000 Fixed expenses $ 28,000 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. Fixed expenses Operating income ')/ Contribution margin per unit = Breakeven sales in units 1,500 The breakeven point in units is b. What is the breakeven point in sales dollars? Begin by identifying the formula to compute the breakeven point in sales dollars. Fixed expenses Operating income )/ Contribution margin ratio = Breakeven sales in dollars This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. All parts showing PIUMIUNO 4 of 5 (5 complete) Score: 4 of 5 pts E7-38A (similar to) Johnson 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. Begin by identifying the formula to compute the breakeven point in units. Fixed expenses Operating income ) Contribution margin per unit - Breakeven sales in units 1,500 The breakeven point in units is b. What is the breakeven point in sales dollars? Begin by identifying the formula to compute the breakeven point in sales dollars. Fixed expenses + Operating income Contribution margin ratio = Breakeven sales in dollars 30,000 The breakeven point in sales dollars is $ Requirement 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? The company must sell 7,750 units in order to eam a profit of $50,000. b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in units. Budgeted sales in units Breakeven sales in units - Margin of safety in units The current margin of safety in units is 3,500 c. What is the margin of safety in sales dollars? Begin by identifying the formula to compute the margin of safety in dollars This question is complete. Move your cursor over or tap on the red arrows to see incorrect answers. All parts showing Homework! LESSUI UMPLUI 4 of 5 (5 complete) Score: 4 of 5 pts %E7-38A (similar to) Johnson 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 a. How many units must the company sell in order to earn a profit of $50,000? The company must sell 7.750 units in order to eam a profit of $50,000 b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in units. Budgeted sales in units Breakeven sales in units - Margin of safety in units The current margin of safety in units is 3,500 c. What is the margin of safety in sales dollars? Begin by identifying the formula to compute the margin of safety in dollars. Budgeted sales in dollars Breakeven sales in dollars Margin of safety in dollars 70,000 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 Margin of safety in dollars (Round the percentage to the nearest Budgeted sales in dollars the percent, XX%) The margin of safety percentage is 70.06. This question is complete. Move your cursor over or tap on the red rows to see incorrect answers All parts showing WEBY