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Mills Manufacturing Inc. had sales for January 2020 of $900,000. The units sold were 18,000, and the expenses for January 2020 were as follows: Variable
Mills Manufacturing Inc. had sales for January 2020 of $900,000. The units sold were 18,000, and the expenses for January 2020 were as follows:
Variable | Fixed | ||||
Cost of goods sold | $181,800 | $115,200 | |||
Selling expenses | 53,100 | 27,900 | |||
Administrative expenses | 25,200 | 29,700 |
Please find contribution margin per unit and contribution margin ratio.
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