United Merchants Company sells 18,000 units at $25 per unit. Variable costs are $19.25 per unit, and fixed costs are $54,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) c. Operating income % per unit
Q: Molly Company sells 19,000 units at $49 per unit. Costs that vary in total dollar amount as the…
A: Contribution Margin ratio: It is a ratio that measures the contribution margin generated by the…
Q: Contribution Margin Harry Company sells 40,000 units at $36 per unit. Variable costs are $22.32 per…
A: a. Contribution margin = Sales - variable cost = $36-22.32 = $13.68 Contribution margin ratio =…
Q: Zeke Company sells 25,100 units at $16 per unit. Variable costs are $10 per unit, and fixed costs…
A: Total Sale=Sale per unit×Units=$16×25,100=$401,600
Q: Zeke Company sells 23,000 units at $18 per unit. Variable costs are $10 per unit, and fixed costs…
A: Contribution Margin: It is defined as the difference between the sales and the variable cost. In…
Q: ny has provided the following inform r unit $56 per 12 er $14 00n
A: Contribution margin ratio is % of contribution margin per unit to selling price Contribution margin…
Q: Bluegill Company sells 16,700 units at $260 per unit. Fixed costs are $217,100, and operating income…
A: Variable costs are those costs which changes directly with change in level of activity. Contribution…
Q: Bluegill Company sells 13,700 units at $400 per unit. Fixed costs are $274,000, and income from…
A: Formula: Contribution margin = Selling price - variable cost Deduction of variable cost from selling…
Q: Contribution Margin Molly Company sells 29,000 units at $39 per unit. Variable costs are $27.30 per…
A: Contribution margin ratio expressed in terms of percentage and shows the difference between sales of…
Q: Annual financial information for a company follows. Contribution Margin Income Statement Sales…
A: Answer:- Relevant Cost:- It is the cost that is different in different alternatives. It is used for…
Q: Lillibridge & Friends, Incorporated provides you with the following data for its single product:…
A: Prime Cost = Direct material + direct labourContribution margin = selling price - variable…
Q: Ferrante Company sells 40,000 units at $16 per unit. Variable costs are $12.80 per unit, and fixed…
A: solution: CM ratio = CM per unit / Selling price per unit Unit contribution margin =Selling price…
Q: Zeke Company sells 25,300 units at $16 per unit. Variable costs are $10 per unit, and fixed costs…
A: Contribution margin: The difference between the sales and the variable costs is called contribution…
Q: Zeke Company sells 25,200 units at $17 per unit. Variable costs are $7 per unit, and fixed costs are…
A: Compute the contribution margin ratio.
Q: Willie Company sells 27,000 units at $29 per unit. Variable costs are $17.11 per unit, and fixed…
A: 1.Contribution margin per unit= Sale price- Variable cost 2. Contribution margin ratio=…
Q: Zeke Company sells 24,600 units at $15 per unit. Variable costs are $7 per unit, and fixed costs are…
A: The contribution margin per unit is calculated as the difference between the sales and variable…
Q: Consider the following sales and cost data for Van Buren Company. The total sales and cost…
A: Lets understand the basics. Contribution margin is a margin generated from the sales. In other…
Q: Zeke Company sells 25,900 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are…
A: Contribution margin = Sales - variable cost = $18 - $8 = $10 Contribution margin ratio =…
Q: Contribution Margin Molly Company sells 36,000 units at $15 per unit. Variable costs are $10.95 per…
A: The selling price minus variable cost of a unit is termed as contribution margin. In short, the…
Q: Sally Company sells 25,000 units at $47 per unit. Variable costs are $28.67 per unit, and fixed…
A: Particular $ Sales 47 variable cost -28.67 contribution per unit 18.33 Contribution for…
Q: Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs…
A: Contribution margin is the difference of selling price and the variable cost per unit. It is the…
Q: Ferrante Company sells 23,000 units at $50 per unit. Variable costs are $39.50 per unit, and fixed…
A: 1. CVP analysis is used to identify the changes in costs and volume that affect a company's…
Q: Sunn Company manufactures a single product that sells for $130 per unit and whose variable costs are…
A: Formula: Contribution margin per unit = Selling price per unit - Variable cost per unit
Q: Contribution Margin Harry Company sells 19,000 units at $30 per unit. Variable costs are $22.20 per…
A: Contribution margin ratio - It is a ratio that shows the sum of the amount available to cover fixed…
Q: Contribution Margin Ferrante Company sells 31,000 units at $18 per unit. Variable costs are $10.62…
A: Contribution Margin is difference between sales value and variable cost. It can also be defined as…
Q: Penny Company sells 25,000 units at $75 per unit. Variable costs are $30 per unit, and operating…
A: The contribution is calculated as the difference of selling price and variable cost. Contribution…
Q: Sally Company sells 39,000 units at $16 per unit. Variable costs are $11.20 per unit, and fixed…
A: We know that under marginal costing Operating income = Sales Revenue - Total Variable cost - Total…
Q: Contribution Margin Ferrante Company sells 24,000 units at $38 per unit. Variable costs are $32.30…
A: Cost volume profit analysis is the technique used by management for decision making. The methods…
Q: Molly Company sells 29,000 units at $48 per unit. Variable costs are $27.36 per unit, and fixed…
A: Contribution Margin Ratio: Contribution Margin is the residual value which is computed by deducting…
Q: Contribution Margin Sally Company sells 37,000 units at $16 per unit. Variable costs are $10.40 per…
A: (a) contribution margin ratio = unit contribution margin / selling price per unit unit…
Q: Contribution Margin Sally Company sells 15,000 units at $24 per unit. Variable costs are $20.40 per…
A: Contribution margin ratio = (Contribution Margin per unit/ Selling Price per unit) Contribution…
Q: Ferrante Company sells 26,000 units at $12 per unit. Variable costs are $10.08 per unit, and fixed…
A: Unit contribution margin = Selling price - Unit variable cost Contribution margin ratio = Unit…
Q: Zeke Company sells 25,500 units at $18 per unit. Variable costs are $8 per unit, and fixed costs are…
A: Unit contribution margin = Selling price per unit - Variable cost per unitCcontribution margin ratio…
Q: Contribution Margin Harry Company sells 32,000 units at $38 per unit. Variable costs are $28.12 per…
A: Contribution Margin: It is defined as the difference between the sales and the variable cost. In…
Q: Brand Company provides the following information about its single product. Targeted operating income…
A: Contribution margin is an important technique used in the cost volume profit analysis. It is the…
Q: Contribution Margin United Merchants Company sells 34,000 units at $12 per unit. Variable costs are…
A:
Q: Ferrante Company sells 25,000 units at $44 per unit. Variable costs are $27.72 per unit, and fixed…
A: Unit Contribution margin = Selling price - Unit Variable cost Contribution margin ratio = Unit…
Q: United Merchants Company sells 17,000 units at $10 per unit. Variable costs are $6.40 per unit, and…
A: Formula: Contribution margin = Selling price - variable cost Deduction of variable cost from selling…
Q: a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to…
A: Contribution Margin ratio: It is a ratio that measures the contribution margin generated by the…
Q: Zeke Company sells 24,500 units at $15 per unit. Variable costs are $7 per unit, and fixed costs are…
A: Variable costs are costs that varies with the change in the level of output whereas fixed costs are…
Q: Willie Company sells 39,000 units at $21 per unit. Variable costs are $14.70 per unit, and fixed…
A: a. Compute contribution margin ratio.
Q: Harry Company sells 37,000 units at $44 per unit. Variable costs are $36.52 per unit, and fixed…
A: Contribution margin can be defined as the cost-accounting technique that determines that whether a…
Q: Bluegill Company sells 10,000 units at $400 per unit. Fixed costs are $200,000, and operating income…
A: Contribution margin = Fixed cost + Income from operations Fixed cost is $200000 Income from…
Q: Bluegill Company sells 8,900 units at $320 per unit. Fixed costs are $142,400, and income from…
A: Contribution margin statement: Sales XXXLess: Variable expenses…
Q: Morrison Company sells 124,000 units at $16 per unit. Variable costs are $12 per unit, and fixed…
A: Contribution margin: The contribution margin is the portion of sales revenue left after covering the…
Q: Bluegill Company sells 7,500 units at $160 per unit. Fixed costs are $60,000 and income from…
A: Total Sales = Variable Cost + Fixed Cost +Profit
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- Drake Company produces a single product. Last year's income statement is as follows: Sales (25,000 units) $1,532,500 Less: Variable costs 1,027,500 Contribution margin $505,000 Less: Fixed costs 273,600 Operating income $231,400 Required: 1. Compute the break-even point in units and sales revenue. In your computations, round the contribution margin per unit to the nearest cent and round the contribution margin ratio to four decimal places. Round your final answers to the nearest whole unit or dollar. Break-even units units Break-even dollars $ 2. What was the margin of safety in dollars for Drake Company last year? Round your final answer to the nearest whole dollar. 3. Suppose that Drake Company is considering an investment in new technology that will increase fixed costs by $216,600 per year, but will lower variable costs to 50 percent of sales. Units sold will remain unchanged. Prepare a budgeted income statement assuming Drake makes this…Willie Company sells 34,000 units at $47 per unit. Variable costs are $32.43 per unit, and fixed costs are $213,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Operating income $fill in the blank 3Sunn Company manufactures a single product that sells for $215 per unit and whose variable costs are $172 per unit. The company's annual fixed costs are $597,700. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. Numerator: (c) Compute the company's break-even point in units. 1 1 Numerator: 1 1 Numerator: Denominator: Denominator: (d) Compute the company's break-even point in dollars of sales. 1 1 Denominator: = = II II = Contribution Margin Ratio Contribution margin ratio Break-Even Units Break-even units Break-Even Dollars Break-even dollars
- Information concerning a product produced by Ender Company appears here: Sales price per unit $ 174 Variable cost per unit $ 76 Total annual fixed manufacturing and operating costs $ 656,600 Required Determine the following: Contribution margin per unit. Number of units that Ender must sell to break even. Sales level in units that Ender must reach to earn a profit of $245,000. Determine the margin of safety in units, sales dollars, and as a percentage.Contribution Margin Sally Company sells 36,000 units at $11 per unit. Variable costs are $7.70 per unit, and fixed costs are $44,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) per unit c. Income from operationsSunn Company manufactures a single product that sells for $210 per unit and whose variable costs are $168 per unit. The company's annual fixed costs are $575,400. (a) Compute the company's contribution margin per unit. Contribution margin (b) Compute the company's contribution margin ratio. 1 Numerator: (c) Compute the company's break-even point in units. 1 1 Numerator: Denominator: Numerator: Denominator: (d) Compute the company's break-even point in dollars of sales. 1 1 Denominator: II Contribution Margin Ratio Contribution margin ratio Break-Even Units Break-even units 0 Break-Even Dollars Break-even dollars 4
- Drake Company produces a single product. Last year's income statement is as follows: Sales (19,000 units) $1,153,300 Less: Variable costs 796,100 Contribution margin $357,200 Less: Fixed costs 261,700 Operating income $95,500 Required: 1. Compute the break-even point in units and sales revenue. In your computations, round the contribution margin per unit to the nearest cent and round the contribution margin ratio to four decimal places. Round your final answers to the nearest whole unit or dollar. Break-even units 8,450.1 x units Break-even dollars 8,450.1 x 2. What was the margin of safety in dollars for Drake Company last year? Round your final answer to the nearest whole dollar.Contribution Margin Molly Company sells 32,000 units at $39 per unit. Variable costs are $29.25 per unit, and fixed costs are $174,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) $4 per unit c. Operating incomeZeke Company sells 25,300 units at $15 per unit. Variable costs are $7 per unit, and fixed costs are $39,600. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin, respectively, are a. 2% and $7 per unit b. 53% and $15 per unit c. 2% and $15 per unit d. 53% and $8 per unit
- Willie Company sells 30,000 units at $29 per unit. Variable costs are $20.30 per unit, and fixed costs are $138,300. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.Harry Company sells 15,000 units at $44 per unit. Variable costs are $30.36 per unit, and fixed costs are $63,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution margin ratio and the unit contribution margin, respectively, are a. 53% and $7 per unit b. 47% and $11 per unit c. 47% and $8 per unit d. 52% and $11 per unit