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Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and
Louis Petit, a manager of Doggone Gorgeous, Inc., was reviewing the water bills of a dog daycare and spa. He determined that its highest and lowest bills of $3,800 and $2,200 were incurred in the months of May and November, respectively. If 400 dogs were washed in May and 200 dogs were washed in November, what was the fixed cost associated with the company's water bill? (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.) O A. $600 O B. $1,600 OC. $2,200 OD. $3,800 Kelley Company has provided the following information: Sales price per unit Variable cost per unit Fixed costs per month Units sold $129 96 20,000 1,000 Calculate the contribution margin per unit. O A. $33 O B. $43 O C. $29 OD. $21 For the next year, Sullivan & Co. predicts sales of 20,000 units of a product with a contribution margin of $7.00 per unit and 40,000 units of another product with a contribution margin of $9.00 per unit. The weighted - average contribution margin per unit is $8.33. True False
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