Bluegill Company sells 16,900 units at $100 per unit. Fixed costs are $84,500, and income from operations is $929,500. Determine the following: Round the contribution margin ratio to two decimal places. a.  Variable cost per unit $fill in the blank 1   b.  Unit contribution margin $fill in the blank 2 per unit c.  Contribution margin ratio fill in the blank 3 %

When Isaiah Company has fixed costs of $133,840 and the contribution margin is $28, the break-even point is Oa. 9,560 units Ob. 14,270 units Oc. 5,920 units Od. 4,780 units

Drake Company produces a single product. Last year's income statement is as follows: Sales (25,000 units) $1,532,500 Less: Variable costs 1,027,500    Contribution margin $505,000 Less: Fixed costs 273,600    Operating income $231,400 Required: 1. Compute the break-even point in units and sales revenue. In your computations, round the contribution margin per unit to the nearest cent and round the contribution margin ratio to four decimal places. Round your final answers to the nearest whole unit or dollar. Break-even units   units Break-even dollars $   2. What was the margin of safety in dollars for Drake Company last year? Round your final answer to the nearest whole dollar. 3. Suppose that Drake Company is considering an investment in new technology that will increase fixed costs by $216,600 per year, but will lower variable costs to 50 percent of sales. Units sold will remain unchanged. Prepare a budgeted income statement assuming Drake makes this…

Willie Company sells 34,000 units at $47 per unit. Variable costs are $32.43 per unit, and fixed costs are $213,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a.  Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b.  Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c.  Operating income $fill in the blank 3