FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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1.1
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Calculate the contribution margin per unit. (Round per unit cost to 2 decimal places, eg. 15.25.)
Contribution margin $
C
per unit
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Transcribed Image Text:1.1 → Show Transcribed Text Calculate the contribution margin per unit. (Round per unit cost to 2 decimal places, eg. 15.25.) Contribution margin $ C per unit
Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20.500, and the expenses for January
2022 were as follows:
Cost of goods sold
Selling expenses
Administrative expenses
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Variable
$207.050
56.375
29,725
Fixed
$123,000
28,700
35,875
10
C
Blossom Manufacturing Inc.
CVP Income Statement
Total
Per unit
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Transcribed Image Text:Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20.500, and the expenses for January 2022 were as follows: Cost of goods sold Selling expenses Administrative expenses Show Transcribed Text Variable $207.050 56.375 29,725 Fixed $123,000 28,700 35,875 10 C Blossom Manufacturing Inc. CVP Income Statement Total Per unit
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