If the variable cost per unit to produce a skateboard is $15 and the contribution rate is 30%, what is the contribution margin? OA. $10.50 B. $4.50 C. $21.43 D. $6.43
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- What is the correct choice? When fixed costs are $18,000 and the contribution margin per unit is $4, the breakeven point is a. 4,500 units. b. 2,230 units. c. $22,300. d. $72,000.A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the contribution margin per unit? A. $30 B. $50 C. $80 D. $110Vaughn Manufacturing's contribution margin is $20 per unit for Product A and $35 for Product B. Product A requires 2 machine hours and Product B requires4 machine hours. How much is the contribution margin per unit of limited resource for each product? A B $6.67 $10.00 $8.75 $30.00 $6.67 $30.00 $8.75 $10.00
- 14. Red Manufacturing produces a product at $25 per unit price, sells, 1,000 units and accrues $10,500 in variable cost. Which of the following is the contribution margin per unit? a. $11.50 b. $12.50 c. $13.50 d. $14.504. XYZ Company manufactures GPS. The selling price of each GPS is $150,variable cost $24, and fixed costs are $1,635,000. Calculate the following:a) contribution marginb) breakeven point in unitsConcord Corporation’s contribution margin is $22.50 per unit for Product A and $35 for Product B. Product A requires 2 machine hours and Product B requires 4 machine hours. How much is the contribution margin per unit of limited resource for each product? A B $25.00 $7.50 $11.25 $8.75 $25.00 $8.75 $11.25 $7.50
- XYZ Company's product has a contribution margin per unit of $12 and a variable cost ratio of 90%. What is the selling price of the product? Select one: Oa. $120. Ob.$28.125. Oc.$37.5. O d. $60. Oe. $22.5. Next page leAtlantic Manufacturing produces and sells children’s bikes at an average price of $80. Its costs are as follows: direct materials = $15; direct labour = $7; variable overhead = $3; sales commission is 5% of price. Its fixed monthly costs are $50,000. Required: 1. Using the above cost data, set up a monthly cost equation. Y=___+___x 2. What is the company’s contribution margin percentage? (Round your answer to 2 decimal places.) Contribution Margin %following are the cost data associated with water purification devices. a.The initial cost of one device 20,000 b. The cost of transporting one device = %3D 4% of the initial cost of the device. c. The cost of installing the device and connecting it to the water 8% of the cost of the device. d. Profit margin ratio 20% of the total cost of a single device. e. Requited: Calculate the sales price of the device including transportation, installation and connection to water, using cost-based pricing.
- If fixed costs are $400,000 and the unit contribution margin is $20, what amount of units must be sold in order to have a zero profit? a.400,000 units b.10,000 units c.20,000 units d.25,000 unitsI need to understand how to get the variable expenses, can you show work. Overall CM ratio 75% Overall Breakeven Point $117,000VC per unit when LAV is 100 units = $ 20FC per unit when LAV is 200 units = $ 10Required: Calculate each of the following:1. Total costs of production when LAV is 100 units = $2. Total costs of production when LAV is 200 units = $ 3. Total costs of production when LAV is 50 units $4. Total costs of production when LAV is 400 units = $5. Total costs of production when LAV is Zero units = 56. Unit cost when LAV is 500 units = $7. 8. Unit cost when LAV is 20 units = $9. Unit cost when LAV is 250 units = $10. Unit cost when LAV is 1 unit = $ Unit cost when LAV is Zero units = =