Question

Exercise 21-27 Contribution margin income statement LO A1 Compute the missing amounts in the contribution margin income statement shown below. (Round "Per Unit" answers to 2 decimal places.) Company A Company B $ 2,200 Number of units sold Total Per unit Total Per unit 340,300 $ Sales 83.00 Variable costs 83,600 229,600 Contribution margin 107,800 Fixed costs 41,800 $ 77,900 Net income

Answer 1

Particular	A		B
No of Units Sold	4100		2,200
Particular	Total ( in $)	Per Unit	Total ( in $)	Per Unit
Sales	3,40,300	83	1,91,400	87
variable Cost	2,29,600	56	83,600	38
Contribution	1,10,700	27	1,07,800	49
Fixed Cost	32,800	8	41,800	19
Net Income	77,900	19	66,000	30

1	Answered along with working
1	Already given in Question

Working For A
No of Units Sold	Total Sales (A)	Per Unit (B)	No of Units (A/B)
	3,40,300	83	4,100
Variable Cost	Total Cost (A)	No of Units (B)	Per Unit (A/B)
	2,29,600	4,100	56
Contribution	Total Sales (A)	Total Cost (B)	Contribution (A-B)
In Total	3,40,300	2,29,600	1,10,700
Per Unit	83	56	27
Fixed Cost	Contribution (A)	Net Income (B)	Fixed Cost (A-B)
in Total	1,10,700	77,900	32,800
Per Unit	27	19	8
Net Income Per Unit	Net Income (A)	No of Units (B)	Per Unit (A/B)
	77,900	4,100	19

Working For B
Sales	Variable Cost (A)	Contribution (B)	Total Sales (A+ B)
Total	83,600	1,07,800	1,91,400
Sales	Total Sales (A)	No of Units (B)	Per Unit (A/B)
Per Unit	1,91,400	2,200	87
Variable Cost	Total Cost (A)	No of Units (B)	Per Unit (A/B)
Per Unit	83,600	2,200	38
Contribution	Contribution (A)	No of Units (B)	Per Unit (A/B)
Per Unit	1,07,800	2,200	49
Fixed Cost	Fixed Cost (A)	No of Units (B)	Per Unit (A/B)
Per Unit	41,800	2,200	19
Net Income Per Unit	Contribution (A)	Fixed Cost (B)	Net Income (A-B)
Total	1,07,800	41,800	66,000
Per Unit	49	19	30