Question: Current Attempt in Progress Skysong has determined the contribution margin ratio of a product to be 3 0 % . Its selling price is $
Current Attempt in Progress
Skysong has determined the contribution margin ratio of a product to be Its selling price is $ while its costs consist of two variable costs and one fixed cost. The sole fixed cost is a selling and administrative cost. The variable selling and administrative cost is $unit
What is the variable manufacturing cost per unit? Round answer to decimal places, eg
Variable manufacturing cost
$ per unit
What is the gross margin of one unit of this product if there are no fixed manufacturing costs? Round answer to decimal places, eg
Gross margin $ per unit
What is the gross margin percentage for this product?
Gross margin
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