Question
Sandhill Company makes electronics. Its sales for 2022 are $1,485,000. Fixed costs are $430,730 and variable costs are $876,150. It sold 2,700 units in the
Sandhill Company makes electronics. Its sales for 2022 are $1,485,000. Fixed costs are $430,730 and variable costs are $876,150. It sold 2,700 units in the year. (a)
Calculate the contribution margin per unit and the contribution margin ratio. (Round contribution margin per unit to 2 decimal places, e.g. 15.20 and contribution margin ratio to 4 decimal places, e.g. 1.4254%.)
Contribution margin $enter the contribution margin per unit in dollars rounded to 2 decimal places per unit Contribution margin ratio enter the contribution margin ratio in percentages rounded to 4 decimal places % (b)
The parts of this question must be completed in order. This part will be available when you complete the part above.
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