Sales revenue = 11,500*360 = 4,140,000
(Sales revenue - Total Variable cost) - Fixed cost = operating income
(4,140,000 - Total Variable costs) - 207,000 = 2,691,000
Total Variable cost = 1,242,000
Variable cost per unit (1,242,000/11500) | 108 |
Unit contribution margin (360-108) | 252 |
Contribution margin ratio (252/360) | 70% |
Bluegill Company sells 11,500 units at $360 per unit. Fixed costs are $207,000 and income from...
Bluegill Company sells 11,500 units at $360 per unit. Fixed costs are $207,000 and income from operations is $2,691,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit A b. Unit contribution margin A per unit c. Contribution margin ratio
Bluegill Company sells 11,500 units at $360 per unit. Fixed costs are $207,000 and income from operations is $2,691,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit A b. Unit contribution margin A per unit c. Contribution margin ratio
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Bluegill Company sells 15,700 units at $360 per unit.. Fixed costs are $282,600, and income from operations is $1,413,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin per unit c. Contribution margin ratio
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