Complete the Table Below for Contribution Margin Per Unit, Total

question 155

Essay

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

Comprehend the process and importance of adjusting entries in the preparation of financial statements.

Recognize how and when to use reversing entries in the accounting process.

Identify and classify current and long-term assets and liabilities on the balance sheet.

Understand the concept of accrued revenues and expenses and their impact on financial statements.

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