What is the solution for this question CVP AnalysisUse the following to answer the questions belowX Company had the following information available for 2021:Selling price per unitVariable cost per unit$250$100Total fixed costs$120.000Based on the above, the unit contribution margin is:O $150 O $175,000O $75,000O None of the aboveBased on the above, assuming that actual units sold is 1,500 units. If thecompany wishes to increase its total dollar contribution margin by 15% in thenext year, by how much will it increase its sales if all other factors remainconstant? *$84,375$431,250$56,250None of the above

Unit contribution margin = Unit selling price - Unit variable cost Total contribution margin = No.…

Answered: X Company had the following information…

X Company had the following information available for 2021: Selling price per unit Variable cost per unit $250 $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Production Budget

A budget can be defined as a financial plan designed by an undertaking for a definite period in the future that can contribute towards enhancing the financial success of the business undertaking. It is used to estimate the revenue and expenses. The budget generally takes into account both current and future income and expenses.

Question

What is the solution for this question

O $175,000
O $75,000
O None of the above
Based on the above, assuming that actual units sold is 1,500 units. If the
company wishes to increase its total dollar contribution margin by 15% in the
next year, by how much will it increase its sales if all other factors remain
constant? *
$84,375
$431,250
$56,250
None of the above

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