Ask Question
BusinessBusiness
28 September, 16:39

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

+1
Answers (1)
  1. 28 September, 17:35
    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
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Determine the missing amounts. (Round answers to 0 decimal places, e. g. 1,225.) Unit Selling Price Unit Variable Costs Unit Contribution ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Human services management includes grant writers, executive directors, program directors, and. budget writers support staff disaster scene directors development directors
Answers (1)
If exports are $500, GDP is $8000, government purchases are $1200, imports are $700, and investment is $800, then consumption is $6200. a. TRUE b. FALSE
Answers (1)
Management and a labor union are bargaining over how much of a $50 surplus to give to the union. The $50 is divisible up to one cent. The players have one shot to reach an agreement.
Answers (1)
A smaller company with 75 employees wishes to establish a retirement plan. Some of the employees are highly paid, but most are part-time low wage earners.
Answers (1)
If you have a credit card limit of $1,000, you should never carry a balance of more than $800 T/F
Answers (1)
New Questions in Business
What impact will a spike in wages cause to the labor demand curve?
Answers (1)
A company issued 8%, 15-year bonds with a par value of $500,000 that pay interest semiannually. The market rate on the date of issuance was 8%.
Answers (1)
involves matching the candidate's intellectual and physical skills to those of the job being filled. a. Person-organization fit b. Cognitive analytics c. Ability-job fit d. Personality-ability fit e. Personality-job fit
Answers (1)
Assume that a $1,000,000 par value, semiannual coupon US Treasury note with five years to maturity has a coupon rate of 6%. The yield to maturity (YTM) of the bond is 11.00%.
Answers (2)
The shareholders' equity of Green Corporation includes $200,000 of $1 par common stock and $400,000 par of 6% cumulative preferred stock.
Answers (1)
Home » Business » 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.
Sign Up Forgot Password?