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

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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Question

Compute the missing amounts for the following table:

 

Compute the missing amounts. ( Enter the contribution margin ratio to the nearest percent, X%)

X%.)
Data Table
A
Sales price per unit
$4
1,900
(f)
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)
(1)
Contribution margin ratio
(b)
25%
(m)
Required units to break even
(c)
(h)
300 units
Required sales dollars to break even
(d)
(n)
(o)
Required units to achieve target profit
(e)
Print
Done
%24
%24
Transcribed Image Text:X%.) Data Table A Sales price per unit $4 1,900 (f) 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) (1) Contribution margin ratio (b) 25% (m) Required units to break even (c) (h) 300 units Required sales dollars to break even (d) (n) (o) Required units to achieve target profit (e) Print Done %24 %24
Sale price per unit
1,900
Variable costs per unit
Total fixed costs
209,000
Target profit
427,500
Contribution margin per unit
475
Contribution margin ratio
Required units to break even
Required sales dollars to break even
Required units to achieve target profit
%24
%24
Transcribed Image Text:Sale price per unit 1,900 Variable costs per unit Total fixed costs 209,000 Target profit 427,500 Contribution margin per unit 475 Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit %24 %24
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