Reference no: EM132280336
Q1) Eastland Corp. had total variable costs of $155,306, total fixed costs of $119,500, and total revenues of $254,600.
Calculate contribution margin ratio.
Compute the required sales in dollars to break even.
Q2) Dilts Company has a unit selling price of $600, variable costs per unit of $430, and fixed costs of $209,000.
Compute the break-even point in units using (a) the mathematical equation and (b) unit contribution margin.
Q3) NoFly Corporation sells three different models of a mosquito "zapper." Model A12 sells for $60 and has variable costs of $44. Model B22 sells for $109 and has variable costs of $81. Model C124 sells for $416 and has variable costs of $319. The sales mix of the three models is A12, 57%; B22, 30%; and C124, 13%.
What is the weighted-average unit contribution margin?