FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Contribution Margin United Merchants Company sells 34,000 units at $12 per unit. Variable costs are $6.72 per unit, and fixed costs are $100,500. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. 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. Income from operations $fill in the blank 3arrow_forwardHiren Add explanationarrow_forwardContribution Margin Ferrante Company sells 25,000 units at $44 per unit. Variable costs are $27.72 per unit, and fixed costs are $236,100. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operationsarrow_forward
- 10. Royal Company provides the following information about its single product. Targeted operating income $55,260Selling price per unit $6.20Variable cost per unit $4.40Total fixed cost $83,880 What is the contribution margin per unit?⦁ $0.29⦁ $10.60⦁ $1.80⦁ $4.40arrow_forwardQuestion 6, Part 3arrow_forwardContribution Margin Harry Company sells 30,000 units at $12 per unit. Variable costs are $9.72 per unit, and fixed costs are $39,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Income from operationsarrow_forward
- nformation concerning a product produced by Ender Company appears here: Sales price per unit $ 159 Variable cost per unit $ 78 Total annual fixed manufacturing and operating costs $ 510,300 Required Determine the following: Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to earn a profit of $234,900. Determine the margin of safety in units, sales dollars, and as a percentage.arrow_forwardFP1arrow_forwardYou are provided with the following data. I Unit sales 5 Selling price per unit 5 7 8 Variable expenses per unit Fixed expenses Target Profit 9 10 Required: 11 12 13 Contribution margin per unit 14 15 CM ratio 16 Variable expense ratio 17 18 Compute the break-even. 19 20 Break-even in unit sales $ Dagate ssss is $ 80,000 units 70 per unit 28 per unit Compute the CM ratio and variable expense ratio. $ 2,688,000 $ 1,610,000arrow_forward
- ni.6arrow_forwardContribution Margin Willie Company sells 39,000 units at $33 per unit. Variable costs are $22.11 per unit, and fixed costs are $191,100. 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 ? %b. Unit contribution margin (Round to the nearest cent.) $ fill in the blank ? per unitc. Operating income $ fill in the blank ?arrow_forwardThe information below relates to the only product of Catherine Company: Exercise 4-13 Sales price per unit Variable cost per unit Fixed costs per year P48 36 P240,000 REQUIRED: i Compute the contribution margin ratio and the peso sales volume required to break-even. 2. Assuming that the company sells 75,000 units during the year, compute the margin of safety sales volume. Exercise 4-14 Cristina Corporation has fixed costs of P72,000 per month. It sells two products as follows: Sales Variable Contribution Price Cost Margin Product A P20 P8 P12 B 20 14 REQUIRED: 1. What monthly peso sales volume is required to break-even if three units of product A are sold with one unit of product B? 2. What monthly peso sales volume is required to break-even if one unit of product A is sold with three units of product B?arrow_forward
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