Question
Using the data provided below, please provide: 1. Contribution Margin (CM) 2. Contribution Margin Ratio (CMR)...
Using the data provided below, please provide:
1. Contribution Margin (CM)
2. Contribution Margin Ratio (CMR)
3. Breakeven in Sales Dollars
4. Margin of Safety (MOS)
5. MOS ratio
Units sold: 20,000
Selling price: $ 20
Variable manufacturing costs: $ 140,000
Fixed manufacturing costs: $ 92,000
Variable selling costs: $ 50,000
Fixed administrative costs: $ 15,000
Answers
--Requirements
A Sales revenue [20000 x $ 20] $400,000 B Variable manufacturing cost $140,000 C Variable administrative cost $15,000 D = A - B - C Contribution margin (CM) $245,000 Answer E = (D/A) x 100 CM Ratio 61.25% Answer F Fixed Cost $107,000 G = F/E Breakeven in Sales Dollars $174,694 Answer H = A - G Margin of Safety Dollar $225,306 Answer I = (H/A) x 100 MOS Ratio 56.33% Answer
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