Bob'CPA firm has been asked to calculate the contribution margin for a product. He has been given the following information.
Sales: $57 per unit
Variable Cost: $35 per unit
Fixed costs: $30, 000
what is the contribution margin per unit for this product?
A. $22
B. $30,035
C. $92
D. $29, 943
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Bob'CPA firm has been asked to calculate the contribution margin for a product. He has been given the following information. Sales: $57 per ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Kimberly-Clark is subdivided into organizational units called Kimberly-Clark Health Care, which provides products to hospitals; Kimberly-Clark Professional, which sells to businesses;
Answers (1)
The plantwide overhead cost allocation rate is computed by dividing the estimated total manufacturing overhead costs by the estimated total quantity of the cost allocation base. True or False?
Answers (1)
Your investment banker has presented you with the following list of business characteristics of a small company your company is considering acquiring: 1. Market leadership 2. Large inventories 3. Lack of management depth 4. Cost advantages 5.
Answers (1)
If the government levies a $1,000 tax per boat on sellers of boats, then the price paid by buyers of boats would Question 22 options: a) increase by more than $1,000. b) increase by exactly $1,000. c) decrease by an indeterminate amount.
Answers (1)
Benton Company's sales budget shows the following expected total sales: Month Sales January $ 18,000 February $ 37,000 March $ 42,000 April $ 47,000 The company expects 70% of its sales to be on account (credit sales).
Answers (1)
New Questions in Business
Adamson Company manufactures four lines of garden tools. As a result of an activity analysis, the accounting department has identified eight activity cost pools.
Answers (1)
Compute the 2019 Federal income tax liability and the marginal and effective tax rates in each of the following independent cases. Click here to access the 2019 tax rate schedule. If required, round the tax liability the nearest dollar.
Answers (1)
For a portfolio of 40 randomly selected stocks, which of the following is most likely to be true? a. The beta of the portfolio is less than the weighted average of the betas of the individual stocks. b.
Answers (1)
What publication can give you an idea of how administrative jobs are going to change in the future? A: Office Pro B: Occupational Outlook Handbook C: From 9 to 5 D: The Executary
Answers (1)
At a four-way stop, if two cars arrive at the intersection at the same time: A) the larger car has the right of way B) the vehicle on the right yields to the vehicle on the left C) the smaller car has the right of way D) the vehicle on the left
Answers (1)