Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

HALLOWEEN Corporation sold 5,000 units with the following figures: TOTAL Sales P 45,000.00 Variable Expense 27,900.00 Contribution Margin P 17,100.00 Fixed Expense 4,500.00 Net Operating

HALLOWEEN Corporation sold 5,000 units with the following figures:

TOTAL

Sales

P 45,000.00

Variable Expense

27,900.00

Contribution Margin

P 17,100.00

Fixed Expense

4,500.00

Net Operating Income

P 12,600.00

Determine the following:

Contribution margin per unit =

Variable expense ratio =

Contribution margin ratio =

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions