FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Question
1. Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65.
PLEASE NOTE: The per-unit Contribution Margin will be rounded in whole dollars and shown with "$" and commas as needed (i.e. $12,345).
- A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio?
PLEASE NOTE: The Contribution Margin Ratio will be shown as a percentage, shown with "%" and rounded to three decimal places (i.e. 12.3%).
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