Calculate the unit contribution margin

Assignment Help Accounting Basics
Reference no: EM133091077

Question - Assume the following data for Mother Earth LLC:

Unit Selling Price $230.00

Unit Variable Cost $145.00

Fixed Cost $262,500.00

Target Profit $120,000.00

A) Calculate the unit contribution margin.

B) How many units must be sold to attain an operating income (Target Profit) of $120,000? Round to the nearest unit.

C) How many units must be sold to break-even. Round to the nearest unit.

D) Calculate how much money in Sales must be generated to break-even.

Reference no: EM133091077

Questions Cloud

Compare and contrast the features and functionalities : Compare and contrast the features and functionalities of three ERP software packages offered by the ERP vendors
How much will mark owe marta at the end of years : Marta's brother Mark borrows $1500 from her and they agree that he will pay 2.5% simple interest for the use of her money. How much will Mark owe
Record the entry to adjust accumulated depreciation : Photo reported operating earnings of $100,000 for 20X8 and paid dividends of $40,000. Record the entry to adjust Accumulated Depreciation
Prepare a journal entry that choco will record : On 1/1/2019, Allie Company issued bonds payable of $500,000 at 8%. Prepare a journal entry that Choco will record for bond interest income on 12/31/20
Calculate the unit contribution margin : Assume the following data for Mother Earth LLC: Unit Selling Price $230.00. Calculate the unit contribution margin
How much is the original investment : A certain amount was invested on Jan 1, 2020 such that it generated a periodic payment of 22,978.05. How much is the original investment
Write a code of conduct for Pacific Internet Solutions : Write a code of conduct for Pacific Internet Solutions that will inform anyone working for Pacific Internet Solutions of the standard of behaviour expected
What is Tami ending basis in the partnership : She receives land having a $15,000 basis and a $20,000 FMV. Tami assumes a $10,000 mortgage on the land. What is Tami's ending basis in the partnership
What is the contribution margin ratio : Below is the selling and cost information concerning a product: Selling price per unit $100.00 Cost per unit. What is the contribution margin ratio

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the balance of cash account after the first payment

Additional liquidation expenses are anticipated. Liabilities are paid amounting to P51,500, What is the balance of cash account after the first payment

  A multinational company with multiple business segments

a multinational company with multiple business segments. Your manager explains that he believes fixed overhead should just be included

  What is the journal entry to record first interest payment

The bonds had a stated rate of 8% and pay interest quarterly. What is the journal entry to record the first interest payment

  Compute the amount of goodwill or bargain purchase

Compute the amount of goodwill (or bargain purchase) arising out of the acquisition if the purchase consideration paid was $1,000,000

  Calculate the net realizable value of accounts receivable

Record transactions for each date. Calculate the net realizable value of accounts receivable at the end of 2012 and 2013

  Analyze this data using an appropriate control chart

Number of responndets who opposed (each week, respectively): 15, 3, 4, 19, 11, 23, 3, 16, 1, 21. Analyze this data using an appropriate control chart

  What is an accounting standard

What is an accounting standard? Who has the authority to define accounting standards? Why are standards needed

  Verify the ending inventory balance

verify the ending inventory balance.

  Do you have a answer key to unique global imports

do you have a answer key to unique global imports accounting

  Determine the dollar amounts that Towson will report

Use this information to determine the dollar amounts that Towson will report on its year-end Balance Sheet for Paid in Capital Common Stock in Excess to par

  Explain direct cost and indirect cost

Financial accounting and management accounting are two distinct, Explain direct cost and indirect cost, and provide an example for each of these costs

  What is the no controlling share of net income

A parent company acquired an 80% interest in a subsidiary. What is consolidated net income for 2015? What is the no controlling share of net income for 2015?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd