FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Whirly has the following information for 2015. They sell Flying Carpets.
Sales
Contribution Margin
Net Income
1. Complete a table for Whirly.
Total
$400,000
$150,000
$15,000
CVP and BEP
Quantity
10,000 Flying Carpets
Per Unit
Ratio To
Sales
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Transcribed Image Text:Whirly has the following information for 2015. They sell Flying Carpets. Sales Contribution Margin Net Income 1. Complete a table for Whirly. Total $400,000 $150,000 $15,000 CVP and BEP Quantity 10,000 Flying Carpets Per Unit Ratio To Sales
2. What is the variable cost per unit?
3. What is the sales price per unit?
4. Determine CM per unit and CM Ratio.
5. Determine the Break-Even-Point in Quantity and Sales Dollars.
Total
Quantity
Per Unit
Ratio To
Sales
☐☐☐☐☐
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Transcribed Image Text:2. What is the variable cost per unit? 3. What is the sales price per unit? 4. Determine CM per unit and CM Ratio. 5. Determine the Break-Even-Point in Quantity and Sales Dollars. Total Quantity Per Unit Ratio To Sales ☐☐☐☐☐
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