lupler 21 Practice Pro Score: 0 of 1 pt S21-9 (similar to) Compute the missing a

Question

lupler 21 Practice Pro Score: 0 of 1 pt S21-9 (similar to) Compute the missing amounts for the following table: E (Click the icon to view the table) Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X9 Sale price per unit Variable costs per unit Total fixed costs Target proft Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target proft $ 1,900 209,000 427,500 S 475 Enter any number in the edit fields and then click Check Answer remaining O Type here to search

Explanation / Answer

Variable cost per unit 1425 (Selling price -Contribution margin per unit) CM ratio (CM per unit/ Selling price)*100 25% (i.e. 475/1900) *100 Required units to Break even 440 units (Fixed cost / Cm per unit i.e. 209000/475) Required Sales dollars to break even 836000 (Fixed cost/ CM ratio i.e. 209000/25%) Required units to achieve target profits 1340 units (Fixed cost+Targete profits/ CM perr unit (i.e. 209000+427500 /475)

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