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determine the missing amounts

Kimmel, Accounting, 6e me: 06:22 PM/ Remaining: 60 min. Question 15 Determine the missing amounts. Unit Selling Unit Variable
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Answer #1
unit sellling price unit variable costs unit contribution margin contribution margin ratio
1.$300 165 $135 45%
2.$600 450 150 25%
3.$1100 660 440 40%

working:

1st :

unit contribution margin = $300 - 165 =>$135.

contribution margin ratio = $135 / 300*100 =>45%.

2nd:

unit variable costs =600 - 150 =>450

margin ratio =150/600=>25%.

3rd.

unit selling price =$440/40% =>$1100.

unit variable cost =1100-440=>660.

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