Question
Education Publishing Company has the following information available for August 2021. Unit selling price of textbook $75 Unit variable costs $24 Total fixed costs $13,730
Education Publishing Company has the following information available for August 2021.
Unit selling price of textbook | $75 |
Unit variable costs | $24 |
Total fixed costs | $13,730 |
Units sold | $21,000 |
Compute the unit contribution margin.
* When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign.
* Make sure you round your answers to the second decimal places, so if the answer is $10, you should be typing 10.00.
This Is the amount that the selling price exceeds the total variable cost per unit. In other words, the total from the sales minus the variable cost, which will help contribute to lowering the fixed cost. What is this?
Group of answer choices
Relevant Range
Contribution Margin
Break-even Point
Conversion Cost
None of the Choices
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