Must be done in an Excel file. Include a cover page with the team members contribution.

A Company sells their product for $100 each. Manufacturing cost is $20.60 Item; marketing costs are $20.40 per Item; and royalty payments are 20% of the selling price. The fixed cost of preparing products is $28,000. Capacity is 25,000 jump drives.

Complete each question in a separate excel sheet within the same workbook.

1. Compute

1. the contribution margin.
2. the contribution rate.