Work backward to find missing data (Learning Objective 4)} Kenisha manufactures two styles of watches-the Digital and

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Work backward to find missing data (Learning Objective 4)}

Kenisha manufactures two styles of watches-the Digital and the Classic. The following data pertain to the Digital:

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Kenisha's monthly fixed expenses total \(\$ 190,000\). When Digitals and Classics are sold in the mix of \(7: 3\), respectively, the sale of 2,000 total watches results in an operating income of \(\$ 60,000\). Compute the contribution margin per watch for the Classic.

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Financial Accounting

ISBN: 9780131492011

1st Edition

Authors: Jane L. Reimers

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