- March 5, 2022
- Posted by: Phillip Author
- Category: Uncategorized
In September, Wildhorse Industries sold 820 units of product. The average sales price was $45. During the month, fixed costs were $7,434 and variable costs were 60% of sales.
Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.)
|Contribution margin (in dollars)||$enter a dollar amount rounded to 0 decimal places|
|Unit contribution margin||$enter a dollar amount rounded to 2 decimal places|
|Contribution margin ratio||enter percentages rounded to 0 decimal places|
2. Sandhill Co. estimates that variable costs will be 70% of sales and fixed costs will total $2,889,900. The selling price of the product is $13.00, and 780,000 units will be sold.
Using the mathematical equation,
Compute the break-even sales units and sales dollars.
|Break-even sales units||enter a number of units||units|
|Break-even sales dollars||$enter a dollar amount|
3. Blossom, Inc. has a unit selling price of $520, variable cost per unit of $310, and total fixed costs of $261,030.
Compute the break-even salesunits and sales dollars.
|Break-even point (in units)||enter a number of units||units|
|Break-even point (in dollar)||$enter a dollar amount|