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Safari File Edit View History Bookmarks Window Help ??? 49% 8 ?4) Sat Jun 16 6:5

ID: 2411587 • Letter: S

Question

Safari File Edit View History Bookmarks Window Help ??? 49% 8 ?4) Sat Jun 16 6:52 PM Alex 2 :? ezto.mheducation.com Home -alamo.edu MicGraw-Hill Connect Chapter 5 Exercises 12.50 polnts 73.600 122.000 ? Foued costs Fbed cost Complete the able Round your cost per unitawers to 2 decimal places arable Cost per Uni 0.00 3. ppose Raersdeselst, ca oes for $512 eech ale let" the core uson me n per ?nce and P corr ubon mw n roo Round your contr uton msen to the nearest whole dollar nnd your contrbution mar in ratio to the nearest whole per ent 4. Naxt ynar Fivorsido axpcots to sol 84D canoos. Compioto the contributon marpin income statement for he oompany. popcorntime ap

Explanation / Answer

480 640 790 Total Cost Vvariable cost 73500 98000 120968.8 Fixed cost 149000 149000 149000 Total Cost 222500 247000 269968.8 Cost per unit: variable cost per unit 153.125 153.125 153.125 Fixed per unit 310.42 232.8125 188.61 Total cost per unit 463.545 385.9375 341.735 Req 2: Selling price per unit 512 Less: variable cost 153.125 Contribution margin per unit 358.875 CM ratio : Contribution per unit / Selling price *100 358.875/512*100 = 70.09% Req 3: Contribution margin income Statement Sales revenue (840*512) 430080 Less: Variable cost (840*153.125) 128625 Contribution margin   301455 Less: Fixed cost 149000 Net income 152455