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Cost/Volume/Profit (CVP) Problems Question 1: Given the following information, find the contribution margin: a. Average Sales Price per Unit $13.56 Average Variable Cost per Unit
| Cost/Volume/Profit (CVP) Problems | ||||||||||
| Question 1: Given the following information, find the contribution margin: | ||||||||||
| a. | Average Sales Price per Unit | $13.56 | ||||||||
| Average Variable Cost per Unit | $5.43 | |||||||||
| Contribution Margin | $8.13 | |||||||||
| b. | Average Sales Price per Unit | $16.04 | ||||||||
| Average Variable Rate | 37.0% | |||||||||
| Contribution Margin | ? | |||||||||
| c. | Average Sales Price per Unit | $15.68 | ||||||||
| Average Contribution Rate | 57.0% | |||||||||
| Contribution Margin | $8.94 | |||||||||
| a. | Contribution Margin | ? | ||||||||
| b. | Contribution Margin | ? | ||||||||
| c. | Contribution Margin | ? | ||||||||
| Question 2: Given the following information, find the variable rate: | ||||||||||
| a. | Sales Price per Unit | $17.91 | ||||||||
| Variable Cost per Unit | $5.98 | |||||||||
| Variable Rate | 33.4% | |||||||||
| b. | Total Sales | $170,778.00 | ||||||||
| Total Variable Cost | $79,101.00 | |||||||||
| Variable Rate | 46.3% | |||||||||
| c. | Sales Price per Unit | $21.01 | ||||||||
| Contribution Margin | $10.35 | |||||||||
| Variable Rate | ? |
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Financial Accounting Theory And Analysis Text And Cases
Authors: Richard G Schroeder, Myrtle W Clark, Jack M Cathey
13th Edition
1119577772, 9781119577775
