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Author Question: Schimmel Company provides the following information about its single product.Targeted operating ... (Read 126 times)

bobbie

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Schimmel Company provides the following information about its single product.

Targeted operating income$35,000
Selling price per unit$7.85
Variable cost per unit$6.10
Total fixed cost$96,250


What is the contribution margin per unit at the Schimmel Company?
◦ $13.95
◦ $1.75
◦ $6.10
◦ $0.22


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Marked as best answer by bobbie on Jan 5, 2020

Jane

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NClaborn

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Schimmel Company provides the following information about its single product.

Targeted operating income$35,000
Selling price per unit$7.85
Variable cost per unit$6.10
Total fixed cost$96,250


What is the break-even point in units at the Schimmel Company?
◦ 20,000
◦ 55,000
◦ 2,509
◦ 6,900




Shelles

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Schimmel Company provides the following information about its single product.

Targeted operating income$35,000
Selling price per unit$7.85
Variable cost per unit$6.10
Total fixed cost$96,250


How many units must be sold to earn the targeted operating income at the Schimmel Company?
◦ 55,000
◦ 75,000
◦ 20,000
◦ 9,409




 

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