4/Compute the missing amounts for the following table. A Number of units 870 units 25,000 units 2,800 units Sales price per unit $ 1,000 24 100 160 Variable costs per unit 600 60 80 Total fixed costs 79,200 80,000 64,000 Target profit 268,800 920,000 160,000 Calculate: Contribution margin per unit -00 60 - 80 Contribution margin ratio Required units to achieve target profit Required units to break even Required sales dollars to break even

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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4/Compute the missing amounts for the following table.
Number of units
870 units
25,000 units
2,800 units
Sales price per unit
1,000
%24
100
24
160
Variable costs per unit
600
60
80
Total fixed costs
79,200
80,000
64,000
Target profit
268,800
920,000
160,000
Calculate:
Contribution margin per unit
- 60
-80
Contribution margin ratio
Required units to achieve target profit
Required units to break even
Required sales dollars to break even
Transcribed Image Text:4/Compute the missing amounts for the following table. Number of units 870 units 25,000 units 2,800 units Sales price per unit 1,000 %24 100 24 160 Variable costs per unit 600 60 80 Total fixed costs 79,200 80,000 64,000 Target profit 268,800 920,000 160,000 Calculate: Contribution margin per unit - 60 -80 Contribution margin ratio Required units to achieve target profit Required units to break even Required sales dollars to break even
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