Determining the Contribution margin per unit, Accounting Basics

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Determining the Contribution margin per unit

Kaiser's Kraft Korner sells a single product. 7,000 units were sold resulting in $70,000 of sales revenue, $28,000 of variable costs, and $12,000 of fixed costs.

Contribution margin per unit is:

a. $4.00

b. $4.29

c. $6.00

d. None of these answers are correct.

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Accounting Basics: Determining the Contribution margin per unit

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Accounting Basics: Determining the Contribution margin per unit

Reference No:- TGS081033

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Accounting Basics: Determining the Contribution margin per unit

Reference No:- TGS081033

Recent Questions Asked Accounting Basics

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