Complete the table below. Units Fixed costs ($) Variable costs ($) Total costs ($) Sales revenue ($) Calculate the Following 1. Contribution Margin

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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QUESTION NO. 2 (10)
Complete the table
Complete the table below.
Units
Fixed costs (5)
Variable costs (S)
1,000
2,000
3,000
4,000
5,000
80,000
72,000
Total costs ($)
Sales revenue ($)
60,000
Calculate the Following
1. Contribution Margin 2. Breakeven and also plot of graph
2. Profit /Loss at 1500 units
3. Profit /loss at 4500 units
4. Margin of Safety at 5000 units
Transcribed Image Text:QUESTION NO. 2 (10) Complete the table Complete the table below. Units Fixed costs (5) Variable costs (S) 1,000 2,000 3,000 4,000 5,000 80,000 72,000 Total costs ($) Sales revenue ($) 60,000 Calculate the Following 1. Contribution Margin 2. Breakeven and also plot of graph 2. Profit /Loss at 1500 units 3. Profit /loss at 4500 units 4. Margin of Safety at 5000 units
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