Three university friends decided to operate a small on-line business producing and selling healthy baked goods. They
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Question:
What was the variable cost per unit?
Name three variable costs that they will definitely incur.
What was the contribution margin per unit? What was the total contribution margin?
What was the margin as a percentage of the sales?
What was the margin as a percentage of the cost?
Related Book For
Advanced Financial Accounting
ISBN: 978-0137030385
6th edition
Authors: Thomas Beechy, Umashanker Trivedi, Kenneth MacAulay
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