FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Compute the missing amounts for the following table. Question content area bottom Part 1 Compute the missing
amounts. (Enter the contribution margin ratio to nearest percent, X%.) A
Media Data tableDialog content starts A B C Sales price per unit $900 $10 $125
Variable costs per unit 450 6 100 Total fixed costs 76,500 60,000 40,000 Target profit 259,650 75,000 100,000
Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to
break even Required units to achieve target profit
Sale price per unit $900
Variable costs per unit 450
Total fixed costs 76,500
Target profit 259,650 Calculate:
Contribution margin per unit $450
Contribution margin ratio %
Required units to break even
Required sales dollars to break even
Required units to achieve target profit
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Transcribed Image Text:Compute the missing amounts for the following table. Question content area bottom Part 1 Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.) A Media Data tableDialog content starts A B C Sales price per unit $900 $10 $125 Variable costs per unit 450 6 100 Total fixed costs 76,500 60,000 40,000 Target profit 259,650 75,000 100,000 Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit Sale price per unit $900 Variable costs per unit 450 Total fixed costs 76,500 Target profit 259,650 Calculate: Contribution margin per unit $450 Contribution margin ratio % Required units to break even Required sales dollars to break even Required units to achieve target profit
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