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Your answer is correct. What is the contribution margin per cookie? (Round unit costs to 2 decimal places, e.g. 12.25.) Contribution margin 0.62] per cookie
Your answer is correct. What is the contribution margin per cookie? (Round unit costs to 2 decimal places, e.g. 12.25.) Contribution margin 0.62] per cookie LINK TO TEXT Attempts: 3 of 15 used (d) what is Mary's contribution margin ratio? (Round contribution margin ratio to 2 decimal places, eg. 30.25%.) Contribution margin ratio ary Smith sells gourmet chocolate chip cookies. The results of her last month of operations are as follows: ales revenue ost of goods sold (all variable) ross margin selling expenses (20% variable) Administrative expenses (60% variable) Operating income $56,632 28,967 27,665 8,905 12,800 $ 5,960 Prepare a contribution format income statement for Mary. (Round answers to 0 decimal places, e.g. 5,250.) Sales Revenue 56632 Variable Expenses Cost of Goods Sold Selling Expense Administrative Expense Total Variable Expenses 28967 1781 7680 38428 Contribution Margin 18204 Fixed Expenses Selling Expense Administrative Expense Total Fixed Expenses 7124 5120 12244 Operating Income 5960 (b) Your answer is correct. ir Mary sells her cookies for S 1.92 each, how many cookies did she sell during the month? (Round answer to the nearest whole number, e g. 5,275 ) Cookies sold in the month 29495
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