Michelle's marbles generated $120,000 total sales for the month of september. Her total variable costs were just
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Question:
Michelle's marbles generated $120,000 total sales for the month of september. Her total variable costs were just $56,000 ,leaving her with total contribution margin of $64,000.The selling price of marbles (a small bag is considered a unit) is $15.
How many units did Michelle sells that month?
Number of units sold units
What was her variable costs per unit?
Variable costs $ per unit
What was her contribution margin per unit?
Contribution Margin $ per unit
Related Book For
Financial and Managerial Accounting
ISBN: 978-0132497978
3rd Edition
Authors: Horngren, Harrison, Oliver
Posted Date: