Question
Bluegill Company sells 12,300 units at $100 per unit. Fixed costs are $61,500 and income from operations is $799,500. Determine the following: Round the contribution
Bluegill Company sells 12,300 units at $100 per unit. Fixed costs are $61,500 and income from operations is $799,500. Determine the following: Round the contribution margin ratio to two decimal places.
| a. Variable cost per unit | $fill in the blank 1 | |
| b. Unit contribution margin | $fill in the blank 2 | per unit |
| c. Contribution margin ratio | fill in the blank 3 | % |
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Business Accounting
Authors: Jill Collis, Andrew Holt, Roger Hussey
3rd Edition
113752149X, 9781137521491
