Chilton, Inc. sold 11,900 units last year for $21 each. Variable costs per unit were $2.00 for
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Chilton, Inc. sold 11,900 units last year for $21 each. Variable costs per unit were $2.00 for direct materials, $2.00 for direct labor, and S4.00 for variable overhead. Fixed costs were $61,600 in manufacturing overhead and $40,900 in nonmanufacturing costs.
a. What is the total contribution margin?
b. What is the unit contribution margin?
c. What is the contribution margin ratio?
Related Book For
Cost Management Measuring Monitoring and Motivating Performance
ISBN: 978-0470769423
2nd edition
Authors: Leslie G. Eldenburg, Susan K. Wolcott
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