I really need help with all parts of these two questions. Thank you. LU2-EX omew
ID: 2406129 • Letter: I
Question
I really need help with all parts of these two questions. Thank you.LU2-EX omework: C20- 2 of 2 (1 com ore: 0 of 1 p 20-25 (similar to) omplete the table below for contribution margin per unit, total contribution margin, and contribution margin ra EE Click the icon to view the table) Compute the missing information, starting with scenario A, then for scenarios B and C. (Enter the contribution i Data Table 1,670 units 3,100 units 2,570 units Number of units Sale price per unit Variable costs per unit Calculate Contribution margin per unit Total contribution margirn Contribution margin ratio S3,000 1,500 S 5,660 S 1,700 510 4,528 Print Done Enter any number in the edit fields and then click Check Answer parts emaining Clear All
Explanation / Answer
Answer of E 20-25:
For A:
Contribution Margin per Unit = Sales Price – Variable Costs
Contribution Margin per unit = $1,700 - $510
Contribution Margin per Unit = $1,190
Total Contribution Margin = No. of Unit * Contribution Margin per unit
Total Contribution Margin = 1,670 * $1,190
Total Contribution Margin = $1,987,300
Sales Price = $1,700 * 1,670
Sales Price = $2,839,000
Contribution Margin Ratio = Total Contribution Margin / Sales Price
Contribution Margin Ratio = $1,987,300 / $2,839,000
Contribution Margin Ratio = 70%
For B:
Contribution Margin per Unit = Sales Price – Variable Costs
Contribution Margin per unit = $3,000 - $1,500
Contribution Margin per Unit = $1,500
Total Contribution Margin = No. of Unit * Contribution Margin per unit
Total Contribution Margin = 3,100 * $1,500
Total Contribution Margin = $4,650,000
Sales Price = $3,000 * 3,100
Sales Price = $9,300,000
Contribution Margin Ratio = Total Contribution Margin / Sales Price
Contribution Margin Ratio = $4,650,000 / $9,300,000
Contribution Margin Ratio = 50%
For C:
Contribution Margin per Unit = Sales Price – Variable Costs
Contribution Margin per unit = $5,660 - $4,528
Contribution Margin per Unit = $1,132
Total Contribution Margin = No. of Unit * Contribution Margin per unit
Total Contribution Margin = 2,570 * $1,132
Total Contribution Margin = $2,909,240
Sales Price = $5,660 * 2,570
Sales Price = $14,546,200
Contribution Margin Ratio = Total Contribution Margin / Sales Price
Contribution Margin Ratio = $2,909,240 / $14,546,200
Contribution Margin Ratio = 20%