Question

Determine the missing amounts. (Round answers to 0 decimal places, e.g. 250.) Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $250 $180 $ (a) % (b) 2. $500 $ (c) $200 % (d) 3. $ (e) $ (f) $330 30 %

Answer 1

Answer:

A. $70

B. 28%

C. $200

D. 60%

E. $1,100

F. $770

Explanation:

Calculation to Determine the missing amounts.

A. Contribution Margin per units=Units selling price- Units Variable costs

Contribution Margin per units=$250-$180

Contribution Margin per units=$70

B. Contribution Margin ratio=Contribution Margin per units/Units selling price

Contribution Margin ratio=$70/$250

Contribution Margin ratio=28%

C. Units Variable costs=Units selling price-Contribution Margin per units

Units Variable costs=$500-$300

Units Variable costs=$200

D. Contribution Margin ratio=Contribution Margin per units/Units selling price

Contribution Margin ratio=$300/$500

Contribution Margin ratio=60%

D. Units selling price=Contribution Margin per units/Contribution Margin ratio

Units selling price=330/30%

Units selling price=$1,100

F. Units variable costs=Units selling price-Contribution Margin per units

Units variable costs=$1,100-$330

Units variable costs=$770

Therefore the missing amount are:

A. $70

B. 28%

C. $200

D. 60%

E. $1,100

F. $770