%24Data tableASales price per unit1,800() $2,300Variable costs per unit(a)3,5751,610Total fixed costs232,2001,155,000(k)Target profit486,000 25,487,000828,000Contribution margin per unit540(g)(1)Contribution margin ratio(b)35%(m)Required units to break even(c)(h)400 unitsRequired sales dollars to break even(d)(i)(n)Required units to achieve target profit(e)(0)PrintDone Compute the missing amounts for the following table:(Click the icon to view the table.)Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)Sale price per unit1,800Variable costs per unit1260Total fixed costs232,200Target profit486,000Contribution margin per unit540Contribution margin ratioRequired units to break evenRequired sales dollars to break evenRequired units to achieve target profit

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Sales price per unit 1,800 Variable costs per unit (a) Total fixed costs 232,200 Target profit 486,000 Contribution margin per unit 540 Contribution margin ratio (b) Required units to break even (c) Required sales dollars to break even (d) Required units to achieve target profit (e) %24

Sales price per unit 1,800 Variable costs per unit (a) Total fixed costs 232,200 Target profit 486,000 Contribution margin per unit 540 Contribution margin ratio (b) Required units to break even (c) Required sales dollars to break even (d) Required units to achieve target profit (e) %24

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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Question

%24
Data table
A
Sales price per unit
1,800
() $
2,300
Variable costs per unit
(a)
3,575
1,610
Total fixed costs
232,200
1,155,000
(k)
Target profit
486,000 25,487,000
828,000
Contribution margin per unit
540
(g)
(1)
Contribution margin ratio
(b)
35%
(m)
Required units to break even
(c)
(h)
400 units
Required sales dollars to break even
(d)
(i)
(n)
Required units to achieve target profit
(e)
(0)
Print
Done

Compute the missing amounts for the following table:
(Click the icon to view the table.)
Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%.)
Sale price per unit
1,800
Variable costs per unit
1260
Total fixed costs
232,200
Target profit
486,000
Contribution margin per unit
540
Contribution margin ratio
Required units to break even
Required sales dollars to break even
Required units to achieve target profit

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Sales revenue Variable costs: Production Administrative Contribution margin Fixed costs Operating profit Status Quo 45,000 Units $ 1,170,000.0 X S $ $ GA 607,500 X 112,500 X 45,000.0 X $ 292,500.0 X 63,000.0 X S Costs and Revenues (Thousands of Dollars) Alternative 55,000 Units 1,370,000.0 $ 200,000.0 higher Difference 742,500 X 135,000 higher 112,500 X none 515,000.0 $ 65,000.0 higher 292,500.0 X none 128,000.0 $ 65,000.0 higher Required B > < Required A