Harry's Hideaway sells tasty donuts with sprinkles. Each donut sells for $4.00. The company's contribution margin income statement for September is shown below. Harry's Hideaway
Harry's Hideaway sells tasty donuts with sprinkles. Each donut sells for $4.00. The company's contribution margin income statement for September is shown below. Harry's Hideaway Contribution Margin Income Statement For the Month of May 2020 Sales revenue $100,000 Variable expenses: COGS $40,000 Marketing expense $12,500 General and administrative expense $7,500 ($60,000) Contribution margin $40,000 Fixed expenses: Marketing expense $16,000 General and administrative expense $6,000 ($22,000) Operating Income $18,000 Answer the following questions: (Please round all "per unit" answers to 2 decimal places.)
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