Question
Bluegill Company sells 9,900 units at $140 per unit. Fixed costs are $69,300 and income from operations is $900,000. Determine the following: Round the contribution
Bluegill Company sells 9,900 units at $140 per unit. Fixed costs are $69,300 and income from operations is $900,000. 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 | % |
Step by Step Solution
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Part A units 9900 Selling price 140 Sales 99001401386000 Fixed cost ...
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Financial and Managerial Accounting
Authors: Horngren, Harrison, Oliver
3rd Edition
978-0132497992, 132913771, 132497972, 132497999, 9780132913775, 978-0132497978
