Selling price of gadget is $14, variable cost is $6, what is the total contribution margin (in $) if 900 units are sold?
- What is the contribution margin in %?
- What is the contribution margin per unit?
Particulars | (in $) |
Selling Price per unit | 14 |
Variable Cost per unit | 6 |
Contribution Margin Per Unit ( Selling Price -Variable Cost) | 8 |
Contribution Margin % ( Contribution Margin/ Selling Price) *100 (8/14*100) | 57.14% |
Total Contribution Margin when 900 units are sold ( Contribution Margin Per Unit * Number of Units Sold) (8*900) | 7,200 |
Selling price of gadget is $14, variable cost is $6, what is the total contribution margin...
Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has foed cost of $350,600. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $459,500. Next year, Sooner expects to sell...
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BOOK Calculator Print Item Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Unless otherwise instructed, round all total dollar figures (e.g. sales, total contribution margin) to the nearest dollar, breakeven or target units to the nearest unit, and unit costs and unit contribution margins to the nearest cent. Round ratios to four significant digits. Required: 1. At the break-even point, Jefferson Company sells 115,000 units...
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Selling price per unit is $10 and variable cost per unit is $6, contribution margin percentage is 1. 100% 2. 67% 3. 60% 4. 40%
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