FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
A division sold 250000 calculators during 2020:
Sales | $2500000 | ||
Variable costs: | |||
Materials | $475000 | ||
Order processing | 187500 | ||
Billing labor | 137500 | ||
Selling expenses | 75000 | ||
Total variable costs | 875000 | ||
Fixed costs | 1000000 |
How much is the unit contribution margin?
$1.00
$3.50
$7.50
$6.50
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