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A division sold 290000 calculators during 2020: Sales $2900000 Variable costs: Materials $551000 Order processing 217500 Billing labor 159500 Selling expenses 87000 Total variable costs
A division sold 290000 calculators during 2020:
| Sales | $2900000 | ||
| Variable costs: | |||
| Materials | $551000 | ||
| Order processing | 217500 | ||
| Billing labor | 159500 | ||
| Selling expenses | 87000 | ||
| Total variable costs | 1015000 | ||
| Fixed costs | 1000000 |
How much is the unit contribution margin?
A. $1.00
B. $3.50
C. $6.95
D. $6.50
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Financial Accounting For Decision Makers
Authors: Peter Atrill
8th Edition
1292099046, 978-1292099040
