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In September, Crane Industries sold 830 units of product. The average sales price was $35. During the month, fixed costs were $7,602 and variable costs
In September, Crane Industries sold 830 units of product. The average sales price was $35. During the month, fixed costs were $7,602 and variable costs were 60% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.) Contribution margin (in dollars) \$ Unit contribution margin $ Contribution margin ratio % Attempts: 0 of 1 used (b) The parts of this question must be completed in order. This part will be available when you complete the part above
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