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he following information applies to the questions displayed below.] Income Statement Sales (1,000 units) $ 50,000 Variable expenses 27,500 Contribution margin 22,500 Fixed expenses 14,850
he following information applies to the questions displayed below.]
| Income Statement | ||
| Sales (1,000 units) | $ | 50,000 |
| Variable expenses | 27,500 | |
| Contribution margin | 22,500 | |
| Fixed expenses | 14,850 | |
| Net operating income | $ | 7,650 |
Required:
1. What is the contribution margin per unit?
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Political Standards
Authors: Karthik Ramanna
1st Edition
022652809X, 9780226528090
