Jeffrey's Meats has computed their fixed costs to be $1.32 for every kilogram of meat they sell

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Jeffrey's Meats has computed their fixed costs to be $1.32 for every kilogram of meat they sell given an average daily sales level of 500 kilograms. They charge $8.56 per kilogram of top-grade ground beef. The variable cost per kilogram is $6.58. What is the contribution margin per kilogram of ground beef sold?

Posted Date: May 19, 2024 06:06 AM

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Jeffrey's Meats has computed their fixed costs to be $1.32 for every kilogram of meat they sell

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