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Kelly Company sells 45,000 units at $18 per unit. Fixed costs are $60,000 and income from operations is $300,000. Determine the (a) total variable
Kelly Company sells 45,000 units at $18 per unit. Fixed costs are $60,000 and income from operations is $300,000. Determine the (a) total variable cost. (b) unit variable cost, (c) total contribution margin, (d) unit contribution margin, and (e) contribution margin ratio. SHOW YOUR CALCULATION TO GET ANY CREDIT
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Managerial Accounting A Focus on Ethical Decision Making
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
5th edition
324663854, 978-0324663853
