A manufacturer of potting soil has the following financial data: Pounds produced and sold.....................................................24,800 Sales...........................................................................$186,200 Less: Variable

Question:

A manufacturer of potting soil has the following financial data:
Pounds produced and sold.....................................................24,800
Sales...........................................................................$186,200
Less: Variable manufacturing costs.........................................121,800
Fixed manufacturing costs.....................................................11,000
Variable selling and administrative costs....................................29,000
Fixed selling and administrative costs.......................................14,300
Net operating income.........................................................$10,100
What is the company's unit ? (Round answer to 2 decimal places, e.g. 1.64.)
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...