FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Below is the information on three independent companies:
Zissou
Gustave
Tenenbaum
Sales
$25,000
Total variable cost
$10,000
$18,000
$12,750
Total contribution margin
$15,000
$3,000
Fixed cost
$4,000
Profit (loss)
$8,000
-$1,000
$975
Units sold
|1,500
215
Price per unit
$5.00
$140.00
Variable cost per unit
$12.00
Contribution Margin per unit
$2.00
What are Tenenbaum's Sales?
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Transcribed Image Text:Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 $12,750 Total contribution margin $15,000 $3,000 Fixed cost $4,000 Profit (loss) $8,000 -$1,000 $975 Units sold |1,500 215 Price per unit $5.00 $140.00 Variable cost per unit $12.00 Contribution Margin per unit $2.00 What are Tenenbaum's Sales?
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