If the variable cost per unit to produce a skateboard is $15 and the contribution rate is 30%, what is the contribution margin? OA. $10.50 B. $4.50 C. $21.43 D. $6.43

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5MC: A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the...
icon
Related questions
Question
K
If the variable cost per unit to produce a skateboard is $15 and the contribution rate is 30%,
what is the contribution margin?
OA. $10.50
B. $4.50
C. $21.43
OD. $6.43
Transcribed Image Text:K If the variable cost per unit to produce a skateboard is $15 and the contribution rate is 30%, what is the contribution margin? OA. $10.50 B. $4.50 C. $21.43 OD. $6.43
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College