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The Sheridan 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 Sheridan Company sells sports decals that can be personalized with a player's name, a team name, and a jersey number for $6.00 each. Sheridan's variable costs are the $2.70 it pays its supplier for each decal and $0.70 in operating costs to personalize and sell each decal. The results of last month's operations are as follows: Sales revenue $21,000 Cost of goods sold 9,450 Gross profit 11,550 Operating expenses 4,634 Operating income $6,916 (a1) Your answer is correct. Calculate contribution margin per unit. (Round answer to 2 decimal places, e.g. 0.38.) Contribution margin per unit $ 2.6 per unit
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