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8. Waimea Company sells a product for $165 per unit. The variable cost is $132 per unit, and fixed costs are $498,300. Target profit for the year is $270,600. Calculate the following: Contribution margin per unit Contribution margin ratio Break-even point in sales units Break-even point in sales dollars Required sales units to achieve target profit Required sales dollars to achieve target profit

8. Waimea Company sells a product for $165 per unit. The variable cost is $132 per unit, and fixed costs are $498,300. Target profit for the year is $270,600. Calculate the following: Contribution margin per unit Contribution margin ratio Break-even point in sales units Break-even point in sales dollars Required sales units to achieve target profit Required sales dollars to achieve target profit

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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8. Waimea Company sells a product for $165 per unit. The variable cost is $132 per unit, and fixed costs are $498,300. Target profit for the year is $270,600. Calculate the following: Contribution margin per unit Contribution margin ratio Break-even point in sales units Break-even point in sales dollars Required sales units to achieve target profit Required sales dollars to achieve target profit
Transcribed Image Text:8. Waimea Company sells a product for $165 per unit. The variable cost is $132 per unit, and fixed costs are $498,300. Target profit for the year is $270,600. Calculate the following: Contribution margin per unit Contribution margin ratio Break-even point in sales units Break-even point in sales dollars Required sales units to achieve target profit Required sales dollars to achieve target profit
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