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v Austen Company manufactures and sols a single product. The company's sales and expenses for last year follow Cick the icon to view the Information)
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Austen Company manufactures and sols a single product. The company's sales and expenses for last year follow Cick 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 Data Table b. What is the total variable expense? The total variable expenses Total Per Unit % c. How many units were sold? Sales s 2 120.000 S 2 40 2 2 3.000 units were sold 2 2 Variable expenses Contribution margin Fixed expenses d. What is the per unit Variable expense? 2 13,500 The per unit variable expenses 30 16,500 Operating Income What is the per unit contribution margin? The per unit contribution murginis 10 Print Now it in the missing numbers in the table (Enter the percentages a whole numbers, XX Done Done Total Per Unit % e. What is the per-unit contribution margin? The per-unit contribution marginis 10 Now fill in the missing numbers in the table. (Enter the percentagos as whole numbers, "XX") Total Per Unit % Sales $ 120,000 $ 40 % Variable expenses 90000 30 % Contribution margin 30000 10 % Fixed expenses 13,500 Operating income $ 16.500 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 Broakoven salos in units The breakeven point in units is b. What is the breakeven point in sales dollars? 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 breakeven 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: a. How many units must the company sell in order to earn a profit of $54,000? The company must sell units in order to earn a profit of $54,000 b. What is the current margin of safety in units? Begin by identifying the formula to compute the current margin of safety in units. Austen 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 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. 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, X.X%.) The margin of safety percentage is % Step by Step Solution
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