Compute the missing amounts for the following table Click th
Compute the missing amounts for the following table Click the icon to view the table.) Data Table Compute the missing amounts. (Enter the contribution margin ratio to nearest percent, X%) Sales price per unit Variable costs per unit Total fixed costs Target prof Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit $ 1,400 $ 4,200 $ 1,600 800 273,000 554,400 640.000 630,000 21,840,000 680,000 Sale price per unt Variable costs per unt Total fixed costs Target proft Calculate: Contribution margin per unit Contribution margin ratio Required units to break even Required sales dollars to break even Required units to achieve target profit S 1,4004,200 2,520 554,400 21,840,000 1,600 800 640,000 680,000 700 2,520 700 273,000 630,000 Print Done
Solution
A B C Sales price per unit 1,400 4,200 1,600 Variable cost per runit 700 2,520 800 Total fixed cost 273,000.00 554,400 640,000 target profit 630,000.00 21,840,000 680,000 Contribution margin per unit 700 1,680 800 CM ratio 50.00% 40.00% 50.00% Required unit to break even 390 330 800 (Fixed cost/ Cm per unit) Required sales sin $ to break even 546,000 1,386,000 1,280,000 (Fixed cost/ CM ratio) Required units to aachieve target profits 1,290 13,330 1,650 (Fixed cost+Target profits) / Cm perr unit