Using Cost-Volume-Profit Formulas Gary Corporation Manufactures a Single Product.The Selling Price Is $104

question 50

Essay

Using cost-volume-profit formulas
Gary Corporation manufactures a single product.The selling price is $104 per unit,and variable costs amount to $78 per unit.The fixed costs are $36,000 per month (round any units to the next highest full unit).
(a)What is the contribution margin per unit? $________ per unit
(b)What is the contribution margin ratio? ________%
(c)What is the monthly sales volume (in dollars)at the break-even point? $________
(d)How many units must be sold each month to earn a monthly operating income of $32,000? ________units
(e)What is the monthly margin of safety (in dollars)if 3,000 units are sold each month? $________
(f)What will be the monthly operating income if 3,000 units are sold each month? $________

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Definitions:

Skeletal Muscle Fibers

The long, cylindrical cells that make up skeletal muscles, responsible for voluntary movements through contraction.

Aerobic Respiration

The process of producing cellular energy involving oxygen; cells break down food into energy, producing carbon dioxide and water as byproducts.

Power Stroke

The phase in muscle contraction where the head of the myosin molecule pivots, pulling the actin filament inward and shortening the muscle fiber.

Myosin Head

Part of the myosin protein that binds to actin filaments in muscle cells, playing a critical role in muscle contraction.