What is the contribution margin per unit, Accounting Basics

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What is the contribution margin per unit

Problem:

XYZ Company is a retailer of widgets. XYZ pays $4.75 for each widget and sells them for $8.00. Monthly fixed costs are $26,000. The widget cost is the only variable cost.

Required:

Question 1: What is the contribution margin per unit?

Question 2: What is the break-even point in units?

Question 3: How many units will XYZ need to sell to earn target profit of $13,000?

Note: Be sure to show how you arrived at your answer.

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Accounting Basics: What is the contribution margin per unit

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Accounting Basics: What is the contribution margin per unit

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Recent Questions Asked Accounting Basics

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Accounting Basics: What is the contribution margin per unit

Reference No:- TGS0882348

Recent Questions Asked Accounting Basics

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