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Author Question: Assume a selling price of $20 per unit, variable cost per unit of $12, and total fixed cost of $500. ... (Read 303 times)

ncasson210

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Question 1

Assume a selling price of $20 per unit, variable cost per unit of $12, and total fixed cost of $500. If 200 units are sold, calculate the contribution margin and the operating income.

Question 2

Assume a selling price of $20 per unit, variable cost per unit of $12, and total fixed cost of $500. If 200 units are sold, calculate the contribution margin ratio.


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Marked as best answer by ncasson210 on Feb 5, 2023

DevinBrifm

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ncasson210

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


elyse44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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