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Acme Inc. manufactures and sells widgets. Acme Inc. sells widgets for $ 1 5 each. Acme Inc. uses 3 gizmos for each widget. Gizmos cost
Acme Inc. manufactures and sells widgets. Acme Inc. sells widgets for $ each. Acme Inc. uses gizmos for each widget. Gizmos cost $ each. In December, Acme sold widgets. Acme also pays rent of $ per month.
please show work.
A What is Acme Inc.s contribution margin per unit?
B What is Acme Inc.s contirbution margin ratio?
C Assuming the about information is all revenue and expenses for scme, what is December's net income?
D Determine the fixed cost give the following information:
Lowest level of activity units at a total cost of $
Highest level of activity units at a total cost of $
Fixed cost
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