Question

Multiple Choice Question 96 A division sold 280000 calculators during 2020: Sales $2800000 Variable costs: $532000 210000 Mat
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Solution :

The formula for calculating the unit contribution margin is

= ( Sales – Variable cost ) / No. of units sold

As per the information given in the question we have

Sales = $ 2800000 ; Variable cost = $ 980000 ; No. of units sold = 280000 ;  

Applying the above information in the formula we have the unit contribution margin as

= ( $ 2800000 - $ 980000 ) / 280000

= $ 1820000 / 280000

= $ 6.50

Thus the unit contribution margin is = $ 6.50

The solution is option 4 = $ 6.50

Add a comment
Know the answer?
Add Answer to:
Multiple Choice Question 96 A division sold 280000 calculators during 2020: Sales $2800000 Variable costs: $532000...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT