Question
Bluegill Company sells 8,000 units at $420 per unit. Fixed costs are $168,000 and income from operations is $1,176,000. Determine the following: Round the contribution
Bluegill Company sells 8,000 units at $420 per unit. Fixed costs are $168,000 and income from operations is $1,176,000. 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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Introduction To Financial Accounting
Authors: CHARLES T. HORNGREN AND ET ALL.
11th Edition
9352862473, 978-9352862474
