Denton Industries has provided the following information: Sales price per unit - $60 Variable cost per unit - $22 Fixed costs per month - $18,000 Calculate the contribution margin per unit.
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- A.Prepare Statement of Income and Expenses with a marginal contribution approach. Empresas La Torre presents the following information for the year ended December 31, 2020: Product Costs: Direct materials (Variables) $ 50.00 per unit Direct Labor (Variable) $ 20.00 per hour Variable Indirect Costs $ 10.00 per hour Total Fixed Indirect Costs $ 250,000 Period Expenses Seller Commissions $ 20.00 per unit Variable Administrative Expenses $ 30.00 per unit Total Fixed Administrative Expenses $ 150,000 The company sells solar batteries at $ 200.00 per unit. Making each battery takes 2 hours of direct labor. The company taxes its income at 40%. If the Company sells 10,000 units, prepare a statement of income and expenses using the marginal contribution approach.Calculate the contribution margin per unitUse the income statement below to answer the following questions. BASIC TRAVEL Contribution Margin Income Statement Sales Revenue ($10 per unit * 36,800 units) $ 368,000 Variable Costs ($4.30 per unit * 36,800 units) 158,240 Contribution Margin 209,760 Fixed Costs 173,000 Operating Income $ 36,760 What is the breakeven in units (round up to nearest unit)?
- Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: Product Selling Price per Unit Variable Cost per Unit Fixed Costper Unit DL Hoursper Unit A $ 4.00 $ 1.00 $ 2.00 2 B $ 3.50 $ 0.50 $ 2.00 2 C $ 6.00 $ 2.00 $ 3.00 3 The objective function for a linear program to maximize contribution margin from the set of three products is: Multiple Choice Z = $3A + $2.50B + $5C. Z = A + B + C. Z = A + $0.50B + $2C. Z = $3A + $3B + $4C. Z = $4A + $3.50B + $6C.ABC Company provides the following information about its product: Targeted operating income $50,000 Selling price per unit 7.00 Variable cost per unit 1.50 Total fixed costs 125,000 What is the contribution margin ratio?Compute the missing amounts for the following table: Compute the missing amounts. ( Enter the contribution margin ratio to the nearest percent, X%)
- Answer pleaseComplete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:(Round your answers to two decimal places when needed and use rounded answers for all future calculations).prepare a contribution income statement with the following: Selling Price Per Unit $45 Variable Expense $36 Number of Units 10,000 Sales Variable Expenses Contribution Margin Fixed Expenses Net Operating Income
