Question: Continuing with your ongoing Internet business from the three previous examples, calculate the contribution rate using both the unit and aggregate methods and show how

Continuing with your ongoing Internet business from the three previous examples, calculate the contribution rate using both the unit and aggregate methods and show how they arrive at the same number. Remember that you are selling products for $10 each, your unit contribution margin is $3.57, total revenue is projected at $4,300, and total variable costs are $2,764.90. Plan Your goal is to calculate the contribution rate (CR) using both the unit and aggregate methods.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!