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3 pts Question 23 Given the following projected contribution income statement for the coming year: Sales (100 units) P 10,000 Variable costs 3,000 Contribution margin
3 pts Question 23 Given the following projected contribution income statement for the coming year: Sales (100 units) P 10,000 Variable costs 3,000 Contribution margin 7,000 Fixed cost 4,000 Operating income 3,000 What is the unit contribution margin? 1. 70 2.30 3. 60 4. 100 O1 O2 03 04 3 pts Question 22 Golden Company produces a game that sells for P17 per game. Variable expenses are P9 per game and fixed expenses total P180,000 annually. The contribution margin ratio is closest to 1. 47.1% 2. 2.1% 3. 19% 4. 52.9% O1 O2 03 04
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