Refer to the Tan-O-Rama regression output given in M5-9. Suppose that the company charges $6 per tanning
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Coefficients
Intercept .....5,046.12
x Variable 1 .... 2.19 Contribution Margin
Contribution margin is an important element of cost volume profit analysis that managers carry out to assess the maximum number of units that are required to be at the breakeven point. Contribution margin is the profit before fixed cost and taxes...
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Unit contribution margin Sales price Variable cost per unit 600 219 381 Con...View the full answer
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Related Book For 
Managerial Accounting
ISBN: 978-0078025518
2nd edition
Authors: Stacey Whitecotton, Robert Libby, Fred Phillips
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