Question: If the variable cost per unit of $20 represents a 20% variable cost percentage, what is the contribution margin per unit and the sales price

If the variable cost per unit of $20 represents a 20% variable cost percentage, what is the contribution margin per unit and the sales price per unit?

Contribution margin per unit =

Sales price per unit =

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!

Lucia Company has set the following standard cost per unit for direct materials and direct labor. Direct materials (15 pounds @ $5 per pound) Direct labor (3 hours @ $15 per hour) During May the...

5 P 2 Problem 11-27A (Algo) Analyzing operating leverage LO 11-3, 11-4 Amold Vimica is a venture capitalist facing two alternative investment opportunities. He intends to invest $1 milion in a...

CVP Analysis Refresh Company bottles and distributes spring water. The water is sold for 50 cents per 16- ounce bottle to retailers. For the year 2024, Refresh estimates the following revenues and...

of the two firms he is considering and give him some business advice. Variable cost per unit (a) Sales revenue (8,400 units Variable cost (8,400 units Contribution margin Fixed cost Net income...

11-27A (Algo) Analyzing operating leverage LO 11-3, 11-4 Arnold Vimka is a venture capitalist facing two alternative Investment opportunities. He intends to invest $1 million in a start-up firm. He...

Gerhard plans to make and sell ball caps at the Blue Jay's game. Expected sales 5,000 units Selling price $20 per cap Direct material $8 per cap Direct labour $4 per cap Variable overhead $2 per cap...

Instructions Suppose that Larimer Company sells a product for $20. Unit costs are as follows: $2.10 1.25 Direct materials Direct labor Variable factory overhead Variable selling and administrative...

ROUND TO THE NEAREST WHOLE UNIT! I KEEP PUTTING IN THE ANSWERS AND IT TELLS ME ITS WRONG. VARIABLE COST PER UNIT FOR LAERTES IS NOT 1.67. PLEASE HELP! Exercise 7-41 Contribution Margin, Unit Amounts,...

Suppose that Larimer Company sells a product for $20. Unit costs are as follows: Direct materials $1.70 Direct labor 1.60 Variable factory overhead 2.00 Variable selling and administrative expense...

Suppose that Larimer Company sells a product for $20. Unit costs are as follows: $1.70 Direct materials Direct labor 1.60 Variable factory overhead 2.00 Variable selling and administrative expense...

Question You have two mutually exclusive projects to choose from. Proj. A has an initial cost of $45,000 and will produce cash flows of $18,000 for 4 years. There is no termination cash flow. Proj. B...

The Standard deviation of the two data series is: std dev series 1=20% std dev series 2=15% the correction between these two dataseries= 0.2 The covariance between the two data series is?

Caso 3. Una empresa adeuda los siguientes pagars: $20000 dentro de 2 meses, $18000 en el mes 6 y $22000 en el mes 9. Al no poder cubrir con dichos pagos, se acuerda renegociar la deuda, para ello...

Which of the following are problems with identifying users of ABC? Multiple select question. ABC means different things to different organizations. Organizations will announce the discontinuance of...

B What outcomes are possible here? Can you provide advice to help them stay together? Should you?

Have you ever opted for separation as a way to end a conflictwith a friend, a romantic partner, or a roommate? Was it difficult for you to separate? Are there some relationships for which separation...

C What do you think of Steve mentioning another girl? Would it affect you differently if Ellen were just a friend, and not your sister?