Question
Required: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $6.80, and each clock sells for $17. Calculate Junipers contribution margin per unit
Required: Juniper Enterprises sells handmade clocks. Its variable cost per clock is $6.80, and each clock sells for $17. Calculate Junipers contribution margin per unit and contribution margin ratio. If the companys fixed costs total $8,058, determine how many clocks Juniper must sell to break even.
Calculate Junipers contribution margin per unit and contribution margin ratio. Note: Round your "Unit Contribution Margin" answer to 2 decimal places.
If the companys fixed costs total $8,058, determine how many clocks Juniper must sell to break even. Note: Round your "Unit Contribution Margin" to 2 decimal places.
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