In 2024, Sunland Company had a break-even point of $372,000 based on a unit selling price of $6.00 and fixed costs of $111,600. In 2025, the unit selling price and the unit variable costs did not change, but the break-even point increased to $495,000. (a) * Your answer is incorrect. Compute the unit variable costs and the contribution margin ratio for 2024. (Round unit variable cost to 2 decimal places, e.g. 2.25 and contribution margin ratio to 0 decimal places, e.g. 20%.) Unit variable cost Contribution margin ratio $ %
In 2024, Sunland Company had a break-even point of $372,000 based on a unit selling price of $6.00 and fixed costs of $111,600. In 2025, the unit selling price and the unit variable costs did not change, but the break-even point increased to $495,000. (a) * Your answer is incorrect. Compute the unit variable costs and the contribution margin ratio for 2024. (Round unit variable cost to 2 decimal places, e.g. 2.25 and contribution margin ratio to 0 decimal places, e.g. 20%.) Unit variable cost Contribution margin ratio $ %
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:In 2024, Sunland Company had a break-even point of $372,000 based on a unit selling price of $6.00 and fixed costs of $111,600. In
2025, the unit selling price and the unit variable costs did not change, but the break-even point increased to $495,000.
(a)
* Your answer is incorrect.
Compute the unit variable costs and the contribution margin ratio for 2024. (Round unit variable cost to 2 decimal places, e.g. 2.25
and contribution margin ratio to O decimal places, e.g. 20%.)
Unit variable cost
Contribution margin ratio
%
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