Question
Arthur crafts miniature chocolate dollhouses which he sells for $25 each. Arthur has calculated the breakeven level of revenues for his business at $1,290 of
Arthur crafts miniature chocolate dollhouses which he sells for $25 each. Arthur has calculated the breakeven level of revenues for his business at $1,290 of sales. The dollhouses have a variable cost of $8 to produce per unit. What is Arthur's dollar contribution margin per unit?
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Entrepreneurial Finance
Authors: Simon Hulme, Chris Drew
1st Edition
1352009811, 978-1352009811
