FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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17. If the formula for Target Operating Income is:
N= Fixed Costs + Target Operating Income
Contribution Margin Per Unit
And, if target operating income is $ 3200
Unit price for sales is $200
Variable cost per unit is $ 120
Total fixed cost is $ 4000
What is the contribution margin per unit?
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Transcribed Image Text:17. If the formula for Target Operating Income is: N= Fixed Costs + Target Operating Income Contribution Margin Per Unit And, if target operating income is $ 3200 Unit price for sales is $200 Variable cost per unit is $ 120 Total fixed cost is $ 4000 What is the contribution margin per unit?
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