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Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future calculations and write unit answers in whole units when needed). Units Number of units Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit ($) Contribution margin ratio (%) Required units to achieve target profit Required units to break-even Required sales dollars to break-even ($) 930 units $920 $710 $9,310 $68,300 A 4,750 units $290 $170 $90,400 $650,800 B C 2,280 units $160 $65 $59,700 $140,700

Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future calculations and write unit answers in whole units when needed). Units Number of units Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit ($) Contribution margin ratio (%) Required units to achieve target profit Required units to break-even Required sales dollars to break-even ($) 930 units $920 $710 $9,310 $68,300 A 4,750 units $290 $170 $90,400 $650,800 B C 2,280 units $160 $65 $59,700 $140,700

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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Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future calculations and write unit answers in whole units when needed). Units Number of units Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit ($) Contribution margin ratio (%) Required units to achieve target profit Required units to break-even Required sales dollars to break-even ($) 930 units $920 $710 $9,310 $68,300 A B 4,750 units $290 $170 $90,400 $650,800 C 2,280 units $160 $65 $59,700 $140,700 1000
Transcribed Image Text:Compute the missing amounts for the following table: (Round your answers to two decimal places when needed and use rounded answers for all future calculations and write unit answers in whole units when needed). Units Number of units Sales price per unit Variable costs per unit Total fixed costs Target profit Calculate: Contribution margin per unit ($) Contribution margin ratio (%) Required units to achieve target profit Required units to break-even Required sales dollars to break-even ($) 930 units $920 $710 $9,310 $68,300 A B 4,750 units $290 $170 $90,400 $650,800 C 2,280 units $160 $65 $59,700 $140,700 1000
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