Complete the Table Below for Contribution Margin Per Unit,total Contribution

question 98

Essay

Complete the table below for contribution margin per unit,total contribution margin and contribution margin ratio.
$$\begin{array} { | l | r | r | } \hline & \text { Alpha } & \text { Beta } \\\hline \text { Number of units } & 2,460 & 12,800 \\\hline \text { Sales price per unit } & \$ 21 & \$ 78 \\\hline \text { Variable costs per unit } & \$ 10 & \$ 32 \\\hline \text { Calculate: } & & \\\hline \text { Contribution margin per unit } & & \\\hline \text { Total contribution margin } & & \\\hline \text { Contribution margin ratio } & & \\\hline\end{array}$$

Prepare and interpret an income statement.

Understand the accounting equation and how specific transactions affect it.

Prepare and understand the balance sheet.

Calculate and analyze total assets and total liabilities in different scenarios.

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Definitions:

Ability

The possession of the means or skill to do something.

Satisfy Wants

The fulfillment of human desires or needs through the consumption of goods and services.

Utility

In economics, utility is the satisfaction or benefit derived by consumers from consuming goods or services.

Data

Information collected for analysis or used to reason or make decisions.