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If the unit selling price of a product is $8,000 and the contribution margin ratio is 30%, what would be the total variable cost of the company if it sells 9,000 units of the product?

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Related questions

Maurice company has $200 selling price per unit for its product. Variable cost of the product is $150 per product. Its fixed cost is $180,000.

i. Calulate the contribution margin.
ii. Calulate the contribution margin ratio.
iii. Calculate the break even point in dollars
iv. If the company has a target profit if $20000, what will be the new breakeven ooint in units?



Lucent Manufacturing Company makes a product that it sells for$70 per unit. The company incurs variable manufacturing costs of$21 per unit. Variable selling expenses are $10 per unit, annualfixed manufacturing costs are $195,000, and fixed selling andadministrative costs are $334,230 per year. Required: Determine thebreak-even point in units and dollars using each of the followingapproaches:

a. Equation method.

break-even point in units

break-even points in dollars

b. contribution margin per unit

contribution margin per unit

break-even points in units

break-even points in dollars

c. contribution margin ratio

contribution margin ratio

break-even points in dollars

break-even points in units

d. Lucent manufacturing company

contribution margin income statement

Lucent Manufacturing Company makes a product that it sells for$70 per unit. The company incurs variable manufacturing costs of$21 per unit. Variable selling expenses are $10 per unit, annualfixed manufacturing costs are $195,000, and fixed selling andadministrative costs are $334,230 per year. Required: Determine thebreak-even point in units and dollars using each of the followingapproaches:

a. Equation method.

break-even point in units

break-even points in dollars

b. contribution margin per unit

contribution margin per unit

break-even points in units

break-even points in dollars

c. contribution margin ratio

contribution margin ratio

break-even points in dollars

break-even points in units

d. Lucent manufacturing company

contribution margin income statement

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