Viva sells its waterproof phone case for $118 per unit. Fixed costs total $232,000, and variable costs are $53 per unit.(1) Determine the contribution margin ratio.Contribution marginContribution Margin RatioNumerator:++(2) Determine the break-even point in dollars.Numerator:17/per unitDenominator:Denominator:II1115Contribution Margin RatioContribution margin ratioBreak-Even Point in DollarsBreak-even point in dollars100

Lets understand the basics.Contribution margin is a margin generated on sales. It is derived by…

Answered: Viva sells its waterproof phone case…

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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Viva sells its waterproof phone case for $124 per unit. Fixed costs total $247,000, and variable costs are $37 per unit. (1) Determine the contribution margin ratio. Contribution margin Contribution Margin Ratio Numerator: (2) Determine the break-even point in dollars. Numerator: 1 1 1 1 per unit Denominator: Denominator: = Contribution Margin Ratio Contribution margin ratio = = Break-Even Point in Dollars Break-even point in dollars 0 0
Contribution Margin Willie Company sells 39,000 units at $33 per unit. Variable costs are $22.11 per unit, and fixed costs are $191,100. 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 ? %b. Unit contribution margin (Round to the nearest cent.) $ fill in the blank ? per unitc. Operating income $ fill in the blank ?
Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable cost for each follows: Product Selling Priceper Unit Variable Costper Unit Snowboards $340 $150 Skis $380 $200 Poles $60 $30 Their sales mix is reflected in the ratio 7:3:2. If annual fixed costs shared by the three products are $250,900. Determine the break-even point in sales dollars. Break-even point $fill in the blank 1
Contribution margin, breakeven point, margin of safety. Dianne Company makes a product that sells for P160 per unit. Variable costs are P104 per unit, and fixed costs total P1,568,000 annually. The company sold 35,000 units during the current year. Required: 1. Unit contribution margin, contribution margin ratio, and variable cost ratio.
SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, andvariable costs are $36 per unit. How will the break-even point in units change in response to each of thefollowing independent changes in selling price per unit, variable cost per unit, or total fixed costs? Use Ifor increase and D for decrease. (It is not necessary to compute new break-even points.) Variable costs to $67 per unit
Do not use Ai
Radison Inc. sells a product for $91 per unit. The variable cost is $51 per unit, while fixed costs are $230,400. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $99 per unit. a. Break-even point in sales unitsfill in the blank 1 unitsb. Break-even point if the selling price were increased to $99 per unitfill in the blank 2 units
Rundle Corporation sells products for $28 each that have variable costs of $11 per unit. Rundle's annual fixed cost is $404,600. Mc Graw Hill mou Required Use the per-unit contribution margin approach to determine the break-even point in units and dollars. Break-even point in units Break-even point in dollars
Mia Enterprises sells a product for $90 per unit. The variable cost is $40 per unit, while fixed costs are $75,000. Determine the:a. Break-even point in sales units fill in the blank 1 of 2 unitsb. Determine the break-even point in sales units if the selling price increased to $100 per unit $ per unit fill in the blank 2 of 2 units
3.Shugart sells two products. Product A sells for $56 with variable costs of $27. Product B sells for $147 with variable costs of $35. The sales mix is 29% for products A while product B's is the remainder (or 100% less 29. What is the weighted average unit contribution margin rounding to the nearest penny? As always, do not use $ signs.
devuben
SBD Phone Company sells its waterproof phone case for $90 per unit. Fixed costs total $162,000, andvariable costs are $36 per unit. How will the break-even point in units change in response to each of thefollowing independent changes in selling price per unit, variable cost per unit, or total fixed costs? Use Ifor increase and D for decrease. (It is not necessary to compute new break-even points.) Total fixed costs to $190,000

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