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Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through
Belleterre Tiles makes tiles for flooring and other applications. The CFO of the company provides you with the following information for the period October through December, the company's third quarter: Belleterre Tile Revenues and Costs Third Quarter Total quantity sold 126,500 tiles Total revenues $ 480,700 Total variable costs 366,850 Total fixed costs 108,000 Required: What is the average selling price per tile? Note: Round your final answer to 2 decimal places. What is the average variable cost per tile? Note: Round your final answer to 2 decimal places. What is the average contribution margin per tile? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. What is the current operating profit for a quarter? No
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