Question
Chilton, Inc. sold 11,900 units last year for $21 each. Variable costs per unit were $2.00 for direct materials, $2.00 for direct labor, and S4.00
Chilton, Inc. sold 11,900 units last year for $21 each. Variable costs per unit were $2.00 for direct materials, $2.00 for direct labor, and S4.00 for variable overhead. Fixed costs were $61,600 in manufacturing overhead and $40,900 in nonmanufacturing costs.
a. What is the total contribution margin?
b. What is the unit contribution margin?
c. What is the contribution margin ratio?
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Cost Management Measuring Monitoring And Motivating Performance
Authors: Leslie G. Eldenburg, Susan K. Wolcott
2nd Edition
978-0-470-7694, 0470769424, 978-0470769423
