A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?
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A: Formula: Break even sales dollars = Fixed cost / contribution margin ratio
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Q: A company’s product sells for $150 and has variable costs of $60 associated with the product. What…
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A: Step 1: Compute the break-even sales:
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A:
Q: Suppose that a company has fixed costs of $22 per unit and variable costs $9 per unit when 18,000…
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A: Break even point = Fixed cost/Contribution margin ratio
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A: Break even is a situation whereby the entity is neither in losses nor earning any profits.
Q: A company's product sells for $150 and has variable costs of S60 associated with the product. What…
A: Formula: Contribution margin ratio = ( Contribution margin / Sales ) x 100
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A: Contribution margin ratio is calculated as ratio of contribution and sales
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A: Formula: Contribution margin per unit = Selling price per unit - Variable cost per unit
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A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?
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- A companys product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit? A. $40 B. $60 C. $90 D. $150Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65.A company’s product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit?A. $40B. $60C. $90D. $150
- A product has a sales price of $340 and a per-unit contribution margin of $136. What is the contribution margin ratio? Contribution margin ratio %A product has a sales price of $230 and a per-unit contribution margin of $115. What is the contribution margin ratio? Contribution margin ratio fill in the blank 1%1. Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65. PLEASE NOTE: The per-unit Contribution Margin will be rounded in whole dollars and shown with "$" and commas as needed (i.e. $12,345). A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio? PLEASE NOTE: The Contribution Margin Ratio will be shown as a percentage, shown with "%" and rounded to three decimal places (i.e. 12.3%).
- Suppose a company can make a unit of product for $7 in variable labor and materials and sell it for $10. A. Determine the contribution and contribution margin. B. What is the breakeven sales level in units and dollars for the company if the firm has fixed costs of $1,800 per month?A company produces and sells a product. The company has found that the costto produce x units of the product is given by C(x) = 50x + 200 (in dollars),and the revenue from selling x units is given by R(x) = 100x - x? (in dollars).What is the number of units the company should produce and sell to maximize profitWhich of the following formulas is used to calculate the contribution margin ratio? (Sales − Total costs) ÷ Sales. (Sales − Fixed costs) ÷ Sales. (Sales − Cost of goods sold) ÷ Sales. (Sales − Variable costs) ÷ Sales. Honeysuckle Manufacturing has the following data: Selling Price $ 60 Variable manufacturing cost $ 33 Fixed manufacturing cost $ 250,000 per month Variable selling & administrative costs $ 9 Fixed selling & administrative costs $ 120,000 per month What dollar sales volume does Honeysuckle need to achieve a $50,000 operating profit per month? $933,333. $1,233,333. $7,560,000. $1,400,000. With regard to the CVP graph, which of the following statements is not correct? The CVP graph assumes that fixed costs are constant in total within the relevant range. The CVP graph assumes that selling prices do not change. The CVP graph assumes that variable costs…
- A company's product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin ratio? A.10% B.40% C. 60% D. 90%A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the contribution margin per unit? A. $30 B. $50 C. $80 D. $110Calculate the per-unit contribution margin of a product that has a sale price of $225 if the variable costs per unit are $70. Contribution margin $ per unit