A. Calculate the contribution margin per unit for their Model 101. B. Calculate the contribution margin ratio of their Model 101. C. Prepare a contribution margin income statement for the month of August.

A company sells small motors as a component part to automobiles. The Model 101 motor sells for $800 and has per-unit variable costs of $320 associated with its production. The company has fixed expenses of $100,000 per month. In August, the company sold 415 of the Model 101 motors. A. Calculate the contribution margin per unit for the Model 101. Contribution margin $ per unit B. Calculate the contribution margin ratio of the Model 101. Contribution margin ratio % C. Prepare a contribution margin income statement for the month of August. Use a minus sign for a net loss if present. Income Statement Gross Loss Gross Profit Net Income (Loss) Purchases Sales

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Sharp Company makes and sells pencil sharpeners. The variable cost of each sharpener is $20. The sharpeners are sold for $30 each. Fixed operating expenses amount to $40,000. a. Determine the break-even point in units and sales dollars. b-1. Determine the sales volume in units and dollars that is required to attain a profit of $12,000. b-2. Prepare an income statement using the contribution margin format to verify your answer. c. Determine the margin of safety between sales required to attain a profit of $12,000 and break-even sales.

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Irene LLC produces and sells a single product with the following costs: Var SG&A $2 per unit Var Production $4 per unit Fixed SG&A $12,000 per year Fixed Production $15,000 per year The company produced and sold 6,000 units.At this level of activity, net operating income was $18,000.What was the company's sales price per unit?

Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Sales Variable expenses Contribution margin Fixed expenses Net operating income Claimjumper $57,600 38,400 $ 19, 200 Required: 1. What is the overall contribution margin (CM) ratio for the company? 2. What is the company's overall break-even point in dollar sales? 3. Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. Required 1 Required 2 Required 3 Complete this question by entering your answers in the tabs below. Sales Variable expenses Contribution margin Prepare a contribution format income statement at the company's break-even point that shows the appropriate levels of sales for the two products. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.) Engberg Company Contribution Income…

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A company manufactures and sells racing bicycles to specialty retailers. The Bomber model sells for $630 and has per-unit variable costs of $315 associated with its production. The company has fixed expenses of $40,000 per month. In May, the company sold 230 of the Bomber model bikes. A. Calculate the contribution margin per unit for the Bomber. Contribution margin $____ per unit B. Calculate the contribution margin ratio of the Bomber. Contribution margin ratio _____% C. Prepare a contribution margin income statement for the month of May. Use a minus sign for a net loss if present. Income Statement   $       $       $

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