Question

Determine the missing amounts. Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio 1. $650 $390 $enter a dollar amount (a) enter percentages % (b) 2. $200 $enter a dollar amount (c) $92 enter percentages % (d) 3. $enter a dollar amount (e) $enter a dollar amount (f) $805

Answer 1

(a) $620

(b) 40%

(c) $208

(d) 31%

(e) $2,683

(f) $1,878

Step-by-step explanation:

Use the following formula to calculate the unit contribution margin

Unit Contribution Margin = Unit Selling Price - Uni variable cost

Use the following formula to calculate the contribution margin ratio

Contribution Margin ratio = ( Unit Contribution margin / Unit Selling Price ) x 100

The working for the question is attached with this answer please find it.