?? Financial accounting question Question:Stellar Brands Inc. sold 4,500 units in December at a salesprice of $55 per unit. The variable cost per unit is $30.Calculate the total contribution margin, as well as thecontribution margin per unit and in percentage.

Step 1: Define Contribution MarginContribution Margin (CM) represents the amount remaining from…

Answered: Question: Stellar Brands Inc. sold…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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EXERCISE: Computing and Using the CM Ratio,Last month when Holiday Creations, Inc., sold 50,000 units, total sales were $200,000, total variable expenses were $120,000, and fixed expenses were $65,000.Required:1. What is the company’s contribution margin (CM) ratio?2. Estimate the change in the company’s net operating income if it were to
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Publix sold 1,000 units last month which yielded the income statement below. Sales $20,000 Variable Expenses 12,000 Contribution Margin 8,000 Fixed Expenses 6,000 $2,000 Net Income Answer the questions that follow using the given information. 1. What is Publix's contribution margin per unit? 2. What is the contribution margin ratio? 3. What is the break-even point in units? 4. What is the break-even point in dollars? 5. How many units have to be sold to reach a target profit of $5,000?
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What must the sales be?
A company reports the information below for the single product it produces and sells. Sales price per unit Variable costs per unit Total fixed costs (1) Compute contribution margin per unit. $95 $38 $ 193,800 Contribution margin (2) Compute the break-even point in units. Numerator 1 per unit per unit per unit Denominator (3) Compute income in dollars if 3,700 units are sold. X Break Even Units = Break even units Fixed costs Income
Presented here is the income statement for Big Sky Incorporated for the month of February: Sales $ 60,000 Cost of goods sold 51,900 Gross profit $ 8, 100 Operating expenses 15,200 Operating loss $ (7,100) Based on an analysis of cost behavior patterns, it has been determined that the company's contribution margin ratio is 19%. Required: Rearrange the preceding income statement to the contribution margin format. If sales increase by 10%, what will be the firm's operating income (or loss)? Calculate the amount of revenue required for Big Sky to break even.

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Question: Stellar Brands Inc. sold 4,500 units in December at a sales price of $55 per unit. The variable cost per unit is $30. Calculate the total contribution margin, as well as the contribution margin per unit and in percentage.