Question
Bluegill Company sells 15,300 units at $400 per unit. Fixed costs are $306,000 and income from operations is $3,978,000. Determine the following: Round the contribution
Bluegill Company sells 15,300 units at $400 per unit. Fixed costs are $306,000 and income from operations is $3,978,000. 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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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
6th Edition
0273638335, 978-0273638339
