Determine the following a Variable cost per unit b Unit contribution margin c Contribution margin ratio Data Bluegill Company sells 9,100 units at $320 per unit Fixed costs are $145,600, Operating income is $1,892,800 ...

To determine the variable cost per unit unit contribution margin and contribution margin ratio we ca ...

Determine the following: a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio Data

Fantastic news! We've Found the answer you've been seeking!

Question:

Determine the following:

a. Variable cost per unit
b. Unit contribution margin
c. Contribution margin ratio

Data

Bluegill Company sells 9,100 units at $320 per unit.

Fixed costs are $145,600,

Operating income is $1,892,800.

Related Book For answer-question

Horngrens Accounting

ISBN: 978-0134674681

12th edition

Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura

See More Books

Posted Date: Aug 09, 2023 02:22 AM

See More Questions

Study the information given below and answer the following questions: (25 Marks) 1.1 Calculate the Payback Period of both machines (answers expressed in years, months and days). (5 marks) 1.2 Which...
The financial statements of Zoro Industries for the year ended Dec. 31, 2021, are given below. Zoro Industries Income Statement For the year Ended Dec. 31, 2021 Sales Revenue P160,000.00 Less: Cost...
1. Which of the following is a variable cost? A. Direct materials cost B. Straightminus line depreciationexpense C. Property taxes D. Salary of plant manager 2. Variable cost per unit, within the...
Mixing together solutions of acetic acid and sodium hydroxide can make a buffered solution. Explain. How does the amount of each solution added change the effectiveness of the buffer?
Jackson Corporations bonds have 12 years remaining to maturity. Interest is paid annually, the bonds have a $1,000 par value, and the coupon interest rate is 8%. The bonds have a yield to maturity of...
Scheduled payments of $800 due two months ago and $1200 due in one month are to be repaid by a payment of $1000 today and the balance in three months. What is the amount of the final payment if...
A ball in motion collides elastically with an identical ball at rest. If we treat each ball as a separate system, is the work done on each ball the same?
Selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: Required: 1. Calculate the receivables turnover ratio and average collection period for...
If "(x) = 3xx + sin x+8ex, f(0) = 0, and f'(0) = 0, find f(x).
An oyster farmer produces two types of oysters - Crassostrea-Gigas (Pacific Oysters) and Crassostrea-Sikamea (Kumamoto Oysters). The farmer's total cost function is: TC = 0.45 P+P XK + 0.76 K where:...
Write a java program (name it Vowels) as follows: The main method prompts the user to enter a string. The main method then passes the input string to method count Vowels (...) to recursively count...
Discuss the checklist of audit financial statements starting from the period of the date of the financial statement and running through the completion of the audit.
If a client's account receivable has a small number of accounts with large dollar amounts, which type of confirmation would be the most appropriate? Explain why
Explain the concept of a digital portfolio. What are its primary purposes, and how does it differ from a traditional paper-based portfolio? Provide examples of the types of individuals or...
European Car Sales sells BMW automobiles. Damien, a salesperson, was allowed to purchase a new BMW for $35,000, even though that model usually sells for $40,000. During the year, European Car Sales...
What is true for modern project management? a) to have a strict standing in negotiating b) to show experience in managing business partners c) to be team players and facilitators instead of bosses d)...
Conduct a VRIO analysis by ranking Husson University (in Maine) business school in terms of the following six dimensions relative to the top three rival schools. If you were the dean with a limited...
The general ledger of Finnish Lake Golf Shop includes the following selected accounts, along with their account numbers: Transactions in December that affected purchases and cash payments were as...
Accountants for Morganson, Inc. have assembled the following data for the year ended December 31, 2018: Prepare Morganson's statement of cash flows using the indirect method. Include an accompanying...
Calm Day reported the following income statement for the year ended December 31, 2019: Requirements 1. Compute Calm Day's inventory turnover rate for the year. (Round to two decimal places.) 2....
Describe the basic difference between the systems of courts in the United States and in Canada.
Motion pictures and television programs are responsible for a misconception about the way in which trials proceed. Explain.
What is a class action and when do parties use them?

Determine the following: a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio Data

Question:

Expert Answer:

To determine the variable cost per unit unit contribution margin and contribution margin ratio we ca... View the full answer

Horngrens Accounting

Students also viewed these accounting questions