any appears here: Sales price per unit $172 Variable cost per unit $91 Total annual fixed manufacturing and operating costs $502,200 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 $291,600. Determine the margin of safety in units, sales dollars, and as a percentage. a. Contribution margin per unit. b. Number of units that E

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Item8 2.5 points Return to questionitem 8 Exercise 11-19A (Algo) Margin of safety LO 11-6 Information concerning a product produced by Ender Company appears here: Sales price per unit $172 Variable cost per unit $91 Total annual fixed manufacturing and operating costs $502,200 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 $291,600. Determine the margin of safety in units, sales dollars, and as a percentage. a. Contribution margin per unit. b. Number of units that Ender must sell to break even. c. Sales level in units that Ender must reach to earn a profit of $291,600. a. Contribution margin b. Break-even in units c. Break-even in units to earn profit of $291,600 Determine the margin of safety in units, sales dollars, and as a percentage. Note: Round "Percentage" answer to 1 decimal place ( I.e., 0.234 should be entered as 23.4). Units? Sales ? Percentage Margin of safety % ?

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