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20 March, 15:24

Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $900 $432 $enter a dollar amount (a) enter percentages % (b) 2. $200 $enter a dollar amount (c) $56 enter percentages % (d) 3. $enter a dollar amount (e) $enter a dollar amount (f) $320 20 %

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  1. 20 March, 16:30
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    (a) = $468

    (b) = 52%

    (c) = $144

    (d) = 28%

    (e) = $1150

    (f) = $920

    Explanation:

    selling price variable cost contribution margin contribution ratio

    1. $900 $432 (a) $ (b) %

    2. $200 $ (c) $56 (d) %

    3. $ (e) $ (f) $230 20%

    contribution = selling price - variable costs

    Margin contribution ratio = contribution / sales

    Variable cost = selling price - contribution

    Selling price = contribution / margin contribution ratio
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