Write an equation for each item provided:Contribution margin per unit = ________Break-even in units = ________Break-even in dollars = ________Units required to achieve desired profit = ________Dollars required to achieve desired profit =________Margin of safety ratio =________
What will be an ideal response?
Contribution margin per unit = Unit selling price - Unit variable cost
Break-even in units = Total fixed costs ÷ Unit contribution margin
Break-even in dollars = Break-even point in units × Unit selling price
Units required to achieve desired profit = (Total fixed costs + Desired profit) ÷ Unit contribution margin
Dollars required to achieve desired profit = Units required to achieve desired profit × Unit selling price
Margin of safety ratio = (Budgeted sales - Break-even sales) ÷ Budgeted sales
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