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Hoffman Company manufactures and sells a single product. The company's sales and expenses for last year follow: ( Click the icon to view the information.
Hoffman Company manufactures and sells a single product. The company's sales and expenses for last year follow:
Click the icon to view the information.
Read the requirements.
The total contribution margin is
b What is the total variable expense?
The total variable expense is
c How many units were sold?
units were sold.
d What is the perunit variable expense?
The perunit variable expense is
e What is the perunit contribution margin?
The perunit contribution margin is
Now fill in the missing numbers in the table. Enter the percentages as whole numbers, XX
tableTotal,Per Unit,
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