Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Also, what is the contribution margin? Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750
Also, what is the contribution margin?
Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution margin $15,000 $3,000 Fixed cost $4,000 Profit (loss) $8,000 - $1,000 $975 Units sold 1,500 215 Price per unit $5.00 $140.00 Variable cost per unit $12.00 Contribution Margin per unit $2.00 What are Tenenbaum's SalesStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started