Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Data Table Requirements 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in
Data Table Requirements 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: Total Per Unit % Sales.. 100,000 $ 20 ? a. What is the total contribution margin? b. What is the total variable expense? ? Variable expenses c. How many units were sold? d. What is the per-unit variable expense? e. What is the per-unit contribution margin? ? Contribution margin ? Fixed expenses 12,000 2. Answer the following questions about breakeven analysis: 28,000 a. What is the breakeven point in units? b. What is the breakeven point in sales dollars? Operating income 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? Print Done
Step by Step Solution
★★★★★
3.40 Rating (156 Votes )
There are 3 Steps involved in it
Step: 1
Total Per unit Sales 100000 ...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started