Calculate and determine contribution margin per unit

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Reference no: EM132474991

Question 1: Compute the missing amounts. ?(Enter the contribution margin ratio to nearest? percent, X%.)

Sales price per unit $ 1,700

Variable costs per unit 510

Total fixed costs 714,000

Target profit 1,273,300

Question 2: Calculate:

Contribution margin per unit
Contribution margin ratio
Required units to break even
Required sales dollars to break even
Required units to achieve target profit

$ 4,200

2,520

554,400

21,840,000

$ 5,770

1,154

6,693,200

5,077,600

Reference no: EM132474991

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