Mike's Yogurt sells frozen yogurt by the ounce for $1.50 per ounce. The unit variable cost is

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Mike's Yogurt sells frozen yogurt by the ounce for $1.50 per ounce. The unit variable cost is currently $0.30. The fixed costs are $1,500 per month.

Calculate the contribution margin if Mike sells 500 ounces and only the unit variable cost increases by 20%.

Related Book For answer-question

Financial and Managerial Accounting

ISBN: 978-0132497978

3rd Edition

Authors: Horngren, Harrison, Oliver

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Posted Date: Mar 23, 2024 07:04 AM

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Mike's Yogurt sells frozen yogurt by the ounce for $1.50 per ounce. The unit variable cost is

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1 Total Revenue Total revenue Price per ounce Number of ounces sold 15... View the full answer

Financial and Managerial Accounting

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