Question
Bluegill Company sells 16,300 units at $140 per unit. Fixed costs are $114,100 and income from operations is $570,500. Determine the following: Round the contribution
Bluegill Company sells 16,300 units at $140 per unit. Fixed costs are $114,100 and income from operations is $570,500. 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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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
