Men's work boots: Sales Price: 80 Less: Direct Materials: 30 Direct Labour- 8 Variable overhead: 16...
Men's work boots:
Sales Price: 80
Less: Direct Materials: 30
Direct Labour- 8
Variable overhead: 16
Fixed cost- 20
Required machine per hour- 0.5
a) What is the contribution margin per unit?
b) What is the contribution margin per hour?
Homework Answers
|
Contribution margin per unit = Sales price - Variable costs = 80 - (30+8+16) = 26 per unit |
|
|
Contribution margin per hour = 26/0.5 = 52 |
Add Answer to:
Men's work boots:
Sales Price: 80
Less: Direct Materials: 30
Direct Labour- 8
Variable overhead: 16...
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