Question
Bluegill Company sells 13,900 units at $160 per unit. Fixed costs are $111,200 and income from operations is $1,000,800. Determine the following: Round the contribution
Bluegill Company sells 13,900 units at $160 per unit. Fixed costs are $111,200 and income from operations is $1,000,800. Determine the following: Round the contribution margin ratio to two decimal places.
| a. Variable cost per unit | $ | |
| b. Unit contribution margin | $ | per unit |
| c. Contribution margin ratio | % |
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Fundamental Managerial Accounting Concepts
Authors: Edmonds, Tsay, olds
6th Edition
71220720, 78110890, 9780071220729, 978-0078110894
