Number 4 for this is all I need please: Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety Zebra Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $5.50 per custom skin, the price is $10, and fixed costs are $114,300. Required: 1. What is the contribution margin for one custom skin? Round your answer to the nearest cent. $fill in the blank 1 per custom skin 2. How many custom skins must Zebra Company sell to break even? fill in the blank 2 custom skins 3. If Zebra Company sells 26,000 custom skins, what is the operating income? $fill in the blank 3 4. Calculate the margin of safety in units and in sales revenue if 26,000 custom skins are sold.
Number 4 for this is all I need please: Contribution Margin, Break-Even Units, Contribution Margin Income Statement, Margin of Safety
Zebra Company manufactures custom-designed skins (covers) for iPods® and other portable MP3 devices. Variable costs are $5.50 per custom skin, the price is $10, and fixed costs are $114,300.
Required:
1. What is the contribution margin for one custom skin? Round your answer to the nearest cent.
$fill in the blank 1 per custom skin
2. How many custom skins must Zebra Company sell to break even?
fill in the blank 2 custom skins
3. If Zebra Company sells 26,000 custom skins, what is the operating income?
$fill in the blank 3
4. Calculate the margin of safety in units and in sales revenue if 26,000 custom skins are sold.
| Margin of safety in units | fill in the blank 4 | units |
| Margin of safety in sales revenue |
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