Question
Bluegill Company sells 14,300 units at $200 per unit. Fixed costs are $143,000, and income from operations is $1,859,000. Determine the following: Round the contribution
Bluegill Company sells 14,300 units at $200 per unit. Fixed costs are $143,000, and income from operations is $1,859,000. 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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Accounting
Authors: Carl S. Warren, James M. Reeve, Philip E. Fess
20th Edition
0324025424, 978-0324025422
