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Question - Provide the value for each of the unknowns listed below:
Units sold: 8,000 units
Contribution margin per unit: $30 per unit
Contribution margin ratio: 25%
Net income before tax: $165,000
Please answer the following questions. If you decide to use "salmon", complete the chart and then fill your answers into the assignment.
1. Sales revenue:
2. Price:
3. Total variable cost:
4. Variable cost per unit:
5. Variable cost ratio:
6. Total contribution margin:
7. Total fixed costs:
8. Break even sales in units:
9. Break even point in terms of sales dollars:
Suggest the key advantages and disadvantages of automating a manual accounting system. Identify the most important step in the conversion process.
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