A firm's product sells for $12.24 per unit and has a variable cost of $5.36 per unit.
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Question:
A firm's product sells for $12.24 per unit and has a variable cost of $5.36 per unit. The firm's total fixed costs are $96,800.
What is the contribution margin per unit ?
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
Posted Date: