Calculate the missing amounts for each of the following firms: Firm A 5,600 Unit

Question

Calculate the missing amounts for each of the following firms:

Firm A
5,600 Units Sold
$12.00 Selling Price
? Variable Costs Per Unit
$25,200 Contribution Margin
$20,300 Fixed Costs
? Operating Income (Loss)

Firm B
16,800 Units Sold
? Selling Price
$22.20 Variable Cost Per Units
? Contribution Margin
$84,500 Fixed Costs
$43,180 Operating Income (Loss)

Firm C
? Units Sold
$7.30 Selling Price
$3.20 Variable Cost Per Units
$28,700 Contribution Margin
? Fixed Costs
(13,500) Operating Income (Loss)

Firm D
14,160 Units Sold
? Selling Price
$55.25 Variable Costs Per Unit
$66,552 Contribution Margin
$73,250 Fixed Costs
? Operating Income (Loss)

Explanation / Answer

A) 5600(12-x)=25,200 x= 12- 25,200/5600= $7.50 variable costs/unit 25,200- 20,300= 4,900 operating income B) CM= 84,500+43,180=127,680 Selling price 16800(x-22.20)=127,680 x= 127680/16800 +22.20= 29.80 C) x(7.30-3.20)= 28,700 x= 28,700/4.10= 7000 units sold 28,700-x=-13,500 x= 28,700+13500= 42,200 fixed costs D)14160(x-55.25)= 66552 x= 66552/14160 +55.25= 59.95 selling price 66552- 73250= (6698) operating (loss)

Related Questions

Navigate

• Browse (All)
• Browse C
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.