Author Question: Sparkle Jewelry sells 800 units resulting in $9,000 of sales revenue, $3,000 of variable costs, and ... (Read 584 times)

brutforce · **on:** Mar 6, 2021

Question 1

Sparkle Jewelry sells 500 units resulting in $10,000 of sales revenue, $4,000 of variable costs, and $1,500 of fixed costs. Calculate the variable cost per unit. (Round the final answer to the nearest cent.)
◦ $12.00
◦ $6.00
◦ $2.00
◦ $8.00

Question 2

Sparkle Jewelry sells 800 units resulting in $9,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Contribution margin per unit is ________. (Round the final answer to the nearest cent.)
◦ $13.75
◦ $11.25
◦ $7.50
◦ $5.00

Dinolord · **Reply #1 on:** Mar 6, 2021

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