Question: Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $4.80, and each clock sells for $13.00. Calculate Red Hawk's unit contribution margin.

 Red Hawk Enterprises sells handmade clocks. Its variable cost per clockis $4.80, and each clock sells for $13.00. Calculate Red Hawk's unit

contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells2,150 clocks this year. Calculate the total contribution margin. 0 Answer is

Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $4.80, and each clock sells for $13.00. Calculate Red Hawk's unit contribution margin. Calculate Red Hawk's contribution margin ratio. Suppose Red Hawk sells 2,150 clocks this year. Calculate the total contribution margin. 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Calculate Red Hawk's contribution margin ratio. (Round your contribution margin percentage ratio to one decimal places (i.e. .123 should be entered as 12.3%.)) I Contribution margin ratio - Unit contribution margin 0 Sales price per unit a _..._......-_ .. . u... .._....._...._.. ......:... ._-._. Suppose Red Hawk sells 2,150 clocks this year. Calculate the total contribution margin. 0 Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Unit CM CM Ratio Total CM Suppose Red Hawk sells 2,150 clocks this year. Calculate the total contribution margin. (Round contribution margin per unit to 2 decimal places.) Sales price 9 -- Total contribution margin 9 - 17,630.00 9 27,950 -$ 10,320.000

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!