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29 June, 12:40

Determine the missing amounts. (Round answers to 0 decimal places, e. g. 1,225.) Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $570 $420 $Entry field with correct answer 150 (a) Entry field with correct answer 26 % (b) 2. $490 $Entry field with correct answer 360 (c) $130 Entry field with correct answer 27 % (d) 3. $Entry field with incorrect answer now contains modified data 92 (e) $Entry field with incorrect answer 368 (f) $460 2

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  1. 29 June, 13:51
    0
    Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio

    1. $570 $420

    Unit Contribution Margin = Unit Sales Price Less Unit Variable Price =

    $ 570 - $ 450 = $150 (a)

    Contribution Margin Ratio = Contribution Margin / Sales = 150/570 * 100 = 26 % (b)

    2. $490 $490 - $130 = $360 (c) $130 ($ 130 / $490) * 100 = 27 % (d)

    3. $23000 (e) $22540 (f) $460 2

    Unit Contribution Margin $460

    Contribution Margin Ratio 2

    Contribution Margin Ratio = Unit Contribution Margin/Sales = $460 / Sales = 2 %

    $460 / Sales = 2 %

    Sales = $ 460/2% = $ 23000

    Sales - Unit Contribution Margin = $ 460

    Unit Contribution Margin = Sales - $460 = $ 23000 - $ 460 = $ 22540
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