Question

Determine missing amounts : Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio...

Determine missing amounts :

Unit Selling
Price

Unit Variable
Costs

Unit Contribution
Margin

Contribution Margin
Ratio
1.570 $420 (A)? (B)? %
2.490 (c) ? $130 (D)? %
3.? (e) (f) ? $460 20 %
Business   Accounting   
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Answer #1
S NO Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio
1 $570 $420 $150 35.71%
2 $490 $360 $130 $26.53%
3 $2300 $1840 $460 $20.00%

Workings:

1.COntribution Margin = Sales - Variable Cost = $570-$420 =$150

Contribution Margin Ratio = COntributio MArgin/ SAles = $150/$570 = 35.71%

2.Variable Cost = Sales - Contribution Margin = $490-$130 = $360

Contribution Margin Ratio = Contribution / SAles = $130/$490 = 26.53%

3.Contribution MArgin Ratio = Contribution MArgin/Sales

sales = Contributio MArgin/ Contribution Margin Ratio = $460/20% = $2300

Variable cost = Sales - Contribution Margin = $2300 -$460 = $1840

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