Question
Contribution Margin Weidner Company sells 22,000 units at $30 per unit. Variable costs are $24 per unit, and fixed costs are $40,000. Determine (a) the
Contribution Margin
Weidner Company sells 22,000 units at $30 per unit. Variable costs are $24 per unit, and fixed costs are $40,000.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.
| a. Contribution margin ratio | % | |
| b. Unit contribution margin | $ | per unit |
| c. Income from operations | $ |
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Creative And Innovative Auditing
Authors: Jeffrey Ridley
1st Edition
1472474627, 9781472474629
