Question
1. A company sales are 500,000 and variable costs are 300,000. What is the contribution margin ratio? 2. Fessler Inc. You have a product with
1. A company sales are 500,000 and variable costs are 300,000. What is the contribution margin ratio?
2. Fessler Inc. You have a product with a unit selling price of 200, the unit variable cost is 110, and the total monthly fixed costs are 300,000. What is the Fessler Contribution Margin Ratio?
3. At the breakeven point of 2,000 units, variable costs are 55,000 and fixed costs are 34,000. What is the selling price of each unit?
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The contribution margin can be calculated by subtracting variable costs from sales So contribution m...
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Accounting Tools for business decision making
Authors: kimmel, weygandt, kieso
4th Edition
978-0470117262, 9780470534786, 470117265, 470534788, 978-0470095461
