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Calculate contribution margin ration and its total

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Reference no: EM13481899

just cruisin produces scooter use the information to fill out table below please show your work

  • cost data table

#of Scooter

500

800

1,000

Total variable costs

125,000

200,000

250,000

Total fixed costs

235,000

235,000

235,000

Total costs

360,000

435,000

485,000

Variable costs per unit

250

250

250

Fixed Costs per unit

470

293.75

235

Total costs per unit

720

543.75

485

Calculate contribution margin ration and its total contribution margin at sales level indicated in the cost data table assuming the company sells each scooter for $670 round 2 decimals places

400 units

800 units

1050 units

Total contribution margin

$

$

$

Contribution margin ratio

%

%

%

Reference no: EM13481899

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