Brooke Manufacturing sold 425,000 units of its product for $64 per unit in 2020. Variable cost...

  

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Brooke Manufacturing sold 425,000 units of its product for $64 per unit in 2020. Variable cost per unit is $56, and total fixed costs are $1,700,000. Requirement 1. Calculate (a) contribution margin and (b) operating income. (a) Determine the formula used to calculate the contribution margin. Total sales The contribution margin is Total variable costs = Contribution margin 3,400,000 Clear all Check answe Brooke Manufacturing sold 425,000 units of its product for $64 per unit in 2020. Variable cost per unit is $56, and total fixed costs are $1,700,000. 3,400,000. The contribution margin is (b) Determine the formula used to calculate the operating income. Contribution margin Total fixed costs = Operating income is $ 1,700,000. ... Operating Income Clear all Check answer Brooke Manufacturing sold 425,000 units of its product for $64 per unit in 2020. Variable cost per unit is $56, and total fixed costs are $1,700,000. Requirement 1. Calculate (a) contribution margin and (b) operating income. (a) Determine the formula used to calculate the contribution margin. Total sales The contribution margin is Total variable costs = Contribution margin 3,400,000 Clear all Check answe Brooke Manufacturing sold 425,000 units of its product for $64 per unit in 2020. Variable cost per unit is $56, and total fixed costs are $1,700,000. 3,400,000. The contribution margin is (b) Determine the formula used to calculate the operating income. Contribution margin Total fixed costs = Operating income is $ 1,700,000. ... Operating Income Clear all Check answer

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To calculate the contribution margin and operating income well follow these steps 1 Calculate total ... View the full answer