DHEW PRINTER VERSIo Question 3 Determine the missing amounts. Unit Contribution

Question

DHEW PRINTER VERSIo Question 3 Determine the missing amounts. Unit Contribution Margin Unit Selling Price Unit Variable Costs Contribution Margin Ratio 1. $300 $210 196 2. $600 $210 3. $360 30 % By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Question Attempts: O of 1 used SAVE FOR LATER Earn Maximum Points available only if you answer this question correctly in your first attempt. en/shared/assignment/test/aglist.uni?id asnmt2196409 N10153

Explanation / Answer

1. Unit Contribution Margin = $300 - $210 = $90

Contribution Margin Ratio = ( $90 / $300 ) x 100 = 30%

2. Unit Variable Cost = $600 - $210 = $390

Contribution Margin Ratio = ( $210 / $600 ) x 100 = 35%

3. Unit Selling Price = ( $360 / 30 ) x 100 = $1,200

   Unit Variable Cost = $1,200 - $360 = $840

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