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IE QS 23-11 (Algo): Product contribution margin analysis LO P3 Estela Company produces skateboards and scooters. Their per unit selling prices and variable costs
IE QS 23-11 (Algo): Product contribution margin analysis LO P3 Estela Company produces skateboards and scooters. Their per unit selling prices and variable costs follow. Skateboards require 2 machine hours per unit. Scooters require 3 machine hours per unit. Selling price per unit Variable costs per unit Skateboards $ 272 156 Scooters $ 508 364 (a) Compute the contribution margin per unit (b) Compute the contribution margin per machine hour. Navigation: 1. Use the Open Excel in New Tab button to launch this question. 2. When finished in Excel, use the Save and Return to Assignment button in the lower right to return to Connect. B15 XV fx =B6-B7 A B 1 2 3 4 5 6 7 8 9 10 Required: 11 (a) Compute the contribution margin per unit 12 (b) Compute the contribution margin per machine hour. 13 14 15 (a) Contribution margin per unit 16 (b) Contribution margin per machine hour 17 Selling price per unit Variable costs per unit Machine hours per unit C Skateboards Scooters $272 $508 $364 $156 2 3 Skateboards =B6-B7 Estela Company produces skateboards and scooters. Their per unit selling prices and variable costs follow. Skateboards require 2 machine hours per unit. Scooters require 3 machine hours per unit. D Scooters $144 E F G
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the contribution margin per unit for skateboards and scooters as well as the contribution margin per machine hour The contribution margin per unit is the selling price per unit minus the variable cost...Get Instant Access to Expert-Tailored Solutions
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