Up Down Left Right Net sales revenue $ 1,064,000 $ (d) $ 525,000 $ (j) Variable
ID: 2610626 • Letter: U
Question
Up
Down
Left
Right
Net sales revenue
$ 1,064,000
$ (d)
$ 525,000
$ (j)
Variable Costs
(a)
104,000
315,000
95,700
Fixed Costs
(b)
168,000
200,000
(k)
Operating Income (loss)
89,500
$ (e)
$ (g)
$ 49,800
Units Sold
140,000
16,000
(h)
(I)
Contribution Margin per unit
3.80
$ (f)
$ 70.00
$ 11.00
Contribution Margin Ratio
( c)
80%
(i)
40%
Round the contribution margin per unit to the nearest cent. Use a minus sign or parentheses to enter an operating loss.)
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Net Sales Revenue
$1,064,000
Variable Costs
________
Fixed Costs
________
Operating Income (Loss)
$89,500
Units Sold
140,000
Contribution Margin per Unit
$3.80
Contribution Margin Ratio _
%
Up
Down
Left
Right
Net sales revenue
$ 1,064,000
$ (d)
$ 525,000
$ (j)
Variable Costs
(a)
104,000
315,000
95,700
Fixed Costs
(b)
168,000
200,000
(k)
Operating Income (loss)
89,500
$ (e)
$ (g)
$ 49,800
Units Sold
140,000
16,000
(h)
(I)
Contribution Margin per unit
3.80
$ (f)
$ 70.00
$ 11.00
Contribution Margin Ratio
( c)
80%
(i)
40%
Explanation / Answer
Total Contribution = Units Sold * Contribution Margin per Unit = 140,000 units * $3.80 per unit = $532,000.
Variable costs = Net Sales Revenue - Total Contribution = $1,064,000 - $532,000 = $532,000
Fixed Costs = Total Contribution - Operating Income = $532,000 - $89,500 = $442,500
Contribution Margin Ratio = Total Contribution / Net Sales Revenue = $532,000 / $1,064,000 = 50 %
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