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The Pharoah Company sells sports decals that can be personalized with a player's name, a team name, and a jersey number for $ 6.00 each.
The Pharoah Company sells sports decals that can be personalized with a player's name, a team name, and a jersey number for $ 6.00 each. Pharoah's variable costs are the $ 2.50 it pays its supplier for each decal and $0.60 in operating costs to personalize and sell each decal. The results of last month's operations are as follows: Sales revenue $ 15,000 Cost of goods sold 6,250 Gross profit 8,750 Operating expenses 3,907 Operating income $ 4,843 (a1) Calculate contribution margin per unit. (Round answer to 2 decimal places, e.g. 0.38.) $ per unit Contribution margin per unit e Textbook and Media Save for Later Attempts: 0 of 3 used Submit
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