Question
Jones Company sells 20,000 units at $31 per unit. Variable costs are $25.11 per unit, and fixed costs are $62,400. Determine (a) the contribution margin
Jones Company sells 20,000 units at $31 per unit. Variable costs are $25.11 per unit, and fixed costs are $62,400.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.
| a. Contribution margin ratio (Enter as a whole number.) |
| % |
| b. Unit contribution margin (Round to the nearest cent.) | $ | per unit |
| c. Income from operations | $ |
|
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Crossover Of Audit And Evaluation Practices Comparative Policy Evaluation
Authors: Maria Barrados, Jeremy Lonsdale
1st Edition
1032173874, 978-1032173870
