Exercise 18-21 (Algo) Predicting unit and dollar sales using contribution margin LO C2 Nombre Company management predicts $1,632,000 of variable costs, $2,213,000 of fixed costs, and income of $235,000 in the next period. Management also predicts that the contribution margin per unit will be $51. (1) Compute the total expected dollar sales for next period. Contribution margin Income (2) Compute the number of units expected to be sold and produced next period.

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Exercise 18-21 (Algo) Predicting unit and dollar sales using contribution margin LO C2
Nombre Company management predicts $1,632,000 of variable costs, $2,213,000 of fixed costs, and income of $235,000 in the next
period. Management also predicts that the contribution margin per unit will be $51.
(1) Compute the total expected dollar sales for next period.
Contribution margin
Income
(2) Compute the number of units expected to be sold and produced next period.
Numerator:
1
Denominator:
=
=
Units
Units
Transcribed Image Text:Exercise 18-21 (Algo) Predicting unit and dollar sales using contribution margin LO C2 Nombre Company management predicts $1,632,000 of variable costs, $2,213,000 of fixed costs, and income of $235,000 in the next period. Management also predicts that the contribution margin per unit will be $51. (1) Compute the total expected dollar sales for next period. Contribution margin Income (2) Compute the number of units expected to be sold and produced next period. Numerator: 1 Denominator: = = Units Units
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