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Nike Inc. sells three types of shoes: Running, Basketball, and Casual. The selling price, variable cost per unit, and contribution margin per unit for each
Nike Inc. sells three types of shoes: Running, Basketball, and Casual. The selling price, variable cost per unit, and contribution margin per unit for each type are as follows:
Shoe Type | Selling Price per Unit ($) | Variable Cost per Unit ($) | Contribution Margin per Unit ($) |
Running | $120 | $80 | |
Basketball | $150 | $100 | |
Casual | $90 | $50 |
Calculate the missing contribution margin per unit for each shoe type.
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