FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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- Determine the missing amounts. (Round percentages to O decimal places, e.g. 52%.) Unit Selling Price 1. 2. 3. $ Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio $610 $325 $920 $ SA eTextbook and Media +A $310 $741 39arrow_forwardComplete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio: E (Click the icon to view the table.) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution margin ratio to nearest percent, X%.) A Number of units 1,510 units Sale price per unit $ 1,600 Variable costs per unit 1, 120 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Data Table A Number of units 1,510 units 14,390 units 2,450 units Sale price per unit 1,600 $ 4.400 5,000 Variable costs per unit 1,120 880 3,750 Calculate: Contribution margin per unit Total contribution margin Contribution margin ratio Print Done Enter any number in the edit fields and then click Check Answer. parts remaining Clear All Final Checkarrow_forward10. 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_forward
- please dont provide answer in image format thank youarrow_forwardDakota Company provides the following information about its single product Target operating income $40,000 Selling price per unit $3.50 Variable cost per unit $1.05 Total fixed costs $90,000 What is the break-even point in units?arrow_forwardnformation 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_forward
- A company provided the following data: Selling price per unit $80 Variable cost per unit $55 Total fixed costs $490,000 What is the break-even point in units?arrow_forwardContribution Margin by Segment The following information is for La Planche Industries Inc.: East West Sales volume (units): Product XX 45,000 38,000 Product YY 60,000 50,000 Sales price: Product XX $700 $660 Product YY $728 $720 Variable cost per unit: Product XX $336 $336 Product YY $360 $360 a. Determine the contribution margin for the Product YY. b. Determine the contribution margin for the West Region.arrow_forwardCalculate the breakeven point and contribution margin. Breakeven point 38,550 units Fixed cost $ 77,100 Contribution margin Selling price per unit $ 5 Variable cost per unit 3arrow_forward
- The following information is for Alex Corp: Product X: Revenue Variable Cost Product Y: Revenue Variable Cost Total fixed costs $12.00 $4.50 $25.00 $10.00 $40,500 What is the operating income, assuming actual sales total 120,000 units, and the sales mix is two units of Product X and one unit of Product Y? 1,960,000 1,240,500 1,200,000 1,159,500arrow_forwardA company's product sells at $12.26 per unit and has a $5.39 per unit variable cost. The company's total fixed costs are $96,700. The contribution margin per unit is:arrow_forwardManjiarrow_forward
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