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Exercise 1 9 - 1 6 ( Algo ) Target pricing LO P 3 QS 1 9 - 2 2 ( Algo ) Contribution margin

Exercise 19-16(Algo) Target pricing LO P3QS 19-22(Algo) Contribution margin ratio by sales territory LO A1
Dane Company reports the Information below.
(a) Compute the contribution margin ratio for each sales territory.QS 19-22(Algo) Contribution margin ratio by sales territory LO A1
Dane Company reports the Information below.
(a) Compute the contribution margin ratio for each sales territory.
(b) Which sales territory performed better based on contribution margin ratio?
Complete this question by entering your answers in the tabs below.
Compute the contribution margin ratio for each sales territory.
(b) Which sales territory performed better based on contribution margin ratio?
Complete this question by entering your answers in the tabs below.
Compute the contribution margin ratio for each sales territory.
Huds Incorporated reports the Information below on its product. The company uses absorption costing and has a target
markup of 40% of absorption cost per unit.
Direct materials
Direct labor
Variable overhead
Fixed overhead
Variable selling and administrative expenses
Fixed selling and administrative expenses
Units produced
Units sold
$104 per unit
$34 per unit
$12 per unit
$207,000 per year
$5 per unit
$130, e0 per year
46,000 units per year
46, e units per year
Compute the target selling price per unit under absorption costing. (Do not round Intermedlate calculatlons. Round your final
answers to 2 decimal places.)
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