Data Table %3D Sales price per unit $ 1,900 (f) $4 2,000 Variable costs per unit (a) 3,750 1,100 Total fixed costs 209.000 675,000 (k) Target profit 427,500 16,975,000 1,080,000 Contribution margin per unit 475 (g) () Contribution margin ratio (b) 25% (m) Required units to break even (c) (h) 300 units Required sales dollars to break even (d) (0) (n) Required units to achieve target profit (e) Print Done
Data Table %3D Sales price per unit $ 1,900 (f) $4 2,000 Variable costs per unit (a) 3,750 1,100 Total fixed costs 209.000 675,000 (k) Target profit 427,500 16,975,000 1,080,000 Contribution margin per unit 475 (g) () Contribution margin ratio (b) 25% (m) Required units to break even (c) (h) 300 units Required sales dollars to break even (d) (0) (n) Required units to achieve target profit (e) Print Done
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Compute the missing amounts for the following table:
Compute the missing amounts. ( Enter the contribution margin ratio to the nearest percent, X%)
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