Answer correct Sales are $1,000,000 for a product with avariable cost per unit of $6 and a sales price of$20. If fixed costs are $250,000, what is thecontribution margin?

Explanation of Sales Revenue:Sales revenue is the total amount generated from selling goods or…

Answered: Sales are $1,000,000 for a product with…

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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Please help me with show all Calculation thanku
If fixed costs are $1,226,000, the unit selling price is $220, and the unit variable costs are $100, what is the break-even sales (units) if fixed costs are increased by $30,100?
You are required to (i)Determine profit, when sales =200,000 Fixed cost=40,000 BEP=160,000 (ii)Determine sales, when fixed cost=20,000 Profit=10,000 BEP=40,000
A company would like to determine various costs and points to aid them in deciding whether to expand or not. If you are given the following information, compute the required amounts and / or figures.Selling price / unit = P100 Variable cost / unit = P70Annual fixed cost = P500,000Compute: 1. Break even sales in pesos and in units2. Contribution margin in pesos per unit
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Sales are $1,000,000 for a product with a variable cost per unit of $6 and a sales price of $20. If fixed costs are $250,000, what is the contribution margin?