Question
Sales (5,000 units)$125,000 Less V.C. 75,000 C.M. 50,000 Less F.C. 20,000 Net Income (profit) 30,000 A.Compute the C.M. per unit (compute selling price per unit
Sales (5,000 units)$125,000
Less V.C. 75,000
C.M. 50,000
Less F.C. 20,000
Net Income (profit) 30,000
A.Compute the C.M. per unit (compute selling price per unit andV.C. per unit first)
Selling Price Per Unit
Variable Cost Per Unit
CM Per Unit
B.Compute the C.M. ratio
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Financial Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
16th Edition
1337913103, 9781337913102
