Information on three (3) independent companies are as follows een CarmellaLson S
ID: 2562879 • Letter: I
Question
Information on three (3) independent companies are as follows een CarmellaLson Sales Variable Costs Contribution Margin Fixed Costs NetIncome (Loss) $20,000 8,000 12,000 9,800 4,200 3.900 18,000 2,500 S 12.00 Units Sold Sales Price Per Unit Variable Cost Per Unit Contribution Margin Per Unit S? Contribution Margin Ratio Break-Even Point In Units Break-Even Point In Dollars ? 1.400 S 5.00 7.00 S 3.00 40% Required Calculate the correct amount for each question mark. (Note: Round unit dollar amounts and ratios to two decimal places; round break-even units to the nearest whole unit.)Explanation / Answer
CALCULATE CORRECT AMOUNT FOR EACH QUESTION MARK :
Arleen Carmella Lawson Sales 20000 14000 30000 Variable cost 8000 9800 18000 Contribution margin 12000 4200 12000 fixed cost 10500 3900 11040 Net income (loss) 1500 300 960 Unit sold 4000 1400 2500 sale price per unit 5 10 12 Variable cost per unit 2 7 7.2 contribution margin per unit 3 3 4.8 Contribution margin ratio 60% 30% 40% Break even point (unit) 3500 1300 2300 Break even point dollars 17500 13000 27600