Netflix, Inc. provides streaming services using mixed costing. In June 2029, the company incurs the following costs related to its content production and distribution:

• Fixed Costs: $100 million
• Variable Costs: $50 million
• Semi-Variable Costs: $30 million

Additional information:

• Total revenue generated: $300 million.
• Total units of content streamed: 10 million.

Required:

• Classify each cost as fixed, variable, or semi-variable.
• Calculate the contribution margin ratio for Netflix, Inc.
• Determine the cost per unit assuming 1 million units of content produced.
• Analyze the cost behavior of mixed costs in the streaming industry.
• Discuss the implications of cost classification on pricing decisions at Netflix, Inc.