Bluegill Company sells 9,600 units at $160 per unit. Fixed costs are $76,800, and operating income...

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Bluegill Company sells 9,600 units at $160 per unit. Fixed costs are $76,800, and operating income is $691,200. Determine the (a) variable cost per unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio per unit % Bluegill Company sells 9,600 units at $160 per unit. Fixed costs are $76,800, and operating income is $691,200. Determine the (a) variable cost per unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio per unit %

Answer rating: 100% (QA)

a Variable Cost per Unit First we need to calculate the total revenue and total cost Total Rev... View the full answer