Answer the following questions based on the given information: Sales Units 500,000 Total Sales $50,000,000 Total Variable Cost $35,000,000 Total Fixed Cost $10,000,000 What is Total Contribution Margin? What is Contribution Margin Per Unit? What is the Contribution Margin Ratio?

Answer the following questions based on the given information: Sales Units 500,000 Total Sales $50,000,000 Total Variable Cost $35,000,000 Total Fixed Cost $10,000,000 What is Total Contribution Margin? What is Contribution Margin Per Unit? What is the Contribution Margin Ratio?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 3EA: A product has a sales price of $150 and a per-unit contribution margin of $50. What is the...

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Answer the following questions based on the given information:

Sales Units		500,000
Total Sales		$50,000,000
Total Variable Cost		$35,000,000
Total Fixed Cost		$10,000,000

What is Total Contribution Margin?
What is Contribution Margin Per Unit?
What is the Contribution Margin Ratio?

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