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  3. determine the missing amounts. (round answers to 0

Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.) ...

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Question

Accounting

Determine the missing amounts. (Round answers to 0 decimal places, e.g. 1,225.)

Unit Selling Price

Unit Variable Costs

Unit Contribution Margin

Contribution Margin Ratio
1. $650 $380 $enter a dollar amount (a) enter a dollar amount % (b)
2. $400 $enter a dollar amount (c) $150 enter a dollar amount % (d)
3. $enter a dollar amount (e) $enter a dollar amount (f) $450 20 %

AND

In 2016, Manhoff Company had a break-even point of $341,000 based on a selling price of $5 per unit and fixed costs of $171,000. In 2017, the selling price and the variable costs per unit did not change, but the break-even point increased to $437,000.

Compute the variable costs per unit and the contribution margin ratio for 2016. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to 0 decimal places, e.g. 25.)

AND

Compute the increase in fixed costs for 2017. (Round answer to 0 decimal places, e.g. 1,225.)

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