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36 points Skipped Campbell, Inc. sold 116,000 units last year for $8.00 each. Variable costs per unit were $1.60 for direct materials, $2.00 for direct
36 points Skipped Campbell, Inc. sold 116,000 units last year for $8.00 each. Variable costs per unit were $1.60 for direct materials, $2.00 for direct labor, and $.40 for variable overhead. Fixed costs were $30,000 in manufacturing overhead and $33,000 in nonmanufacturing costs. a. What is the total contribution margin? Total Contribution Margin eBook b. What is the unit contribution margin? (Round your answer to 2 decimal places.) Ask Unit Contribution Margin Print References c. What is the contribution margin ratio? (Round your intermediate calculations to 2 decimal places.) Contribution Margin Ratio % d. If sales increase by 28,000 units, by how much will profits increase? (Round your intermediate calculations to 2 decimal places.) Profits Increase
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