Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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
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 |
|
Please fill in the missing boxes.
Step 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