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Bluegill Company sells 16,700 units at $300 per unit. Fixed costs are $250,500, and income from operations is $3,256,500. Determine the following: a. Variable cost
Bluegill Company sells 16,700 units at $300 per unit. Fixed costs are $250,500, and income from operations is $3,256,500. Determine the following: a. Variable cost per unit b. Unit contribution margin: c. Contribution margin ratio per unit % The Bottlebrush Division has income from operations of $78,120, invested assets of $186,000, and sales of $558,000. Use the DuPont formula to compute the return on investment, and show (a) the profit margin, (b) the investment turnover, and (c) the return on Investment. Round answers to one decimal place. a. Profit Margin b. Investment Turnover c. Return on Investment % %
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