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A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense 240,000 $1,056,000 $428,000 $287,000 Variable selling and administrative expense $52,000 Fixed selling and administrative expense $227,000 Net operating income $62,000 What is the company's unit contribution margin? a. $2.00 per unit b. $0.42 per unit c. $4.40 per unit d. $2.40 per unit

A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense 240,000 $1,056,000 $428,000 $287,000 Variable selling and administrative expense $52,000 Fixed selling and administrative expense $227,000 Net operating income $62,000 What is the company's unit contribution margin? a. $2.00 per unit b. $0.42 per unit c. $4.40 per unit d. $2.40 per unit

Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter5: Process Costing
Section: Chapter Questions
Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...
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A cement manufacturer has supplied the following data:

A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense 240,000 $1,056,000 $428,000 $287,000 Variable selling and administrative expense $52,000 Fixed selling and administrative expense $227,000 Net operating income $62,000 What is the company's unit contribution margin? a. $2.00 per unit b. $0.42 per unit c. $4.40 per unit d. $2.40 per unit
Transcribed Image Text:A cement manufacturer has supplied the following data: Tons of cement produced and sold Sales revenue Variable manufacturing expense Fixed manufacturing expense 240,000 $1,056,000 $428,000 $287,000 Variable selling and administrative expense $52,000 Fixed selling and administrative expense $227,000 Net operating income $62,000 What is the company's unit contribution margin? a. $2.00 per unit b. $0.42 per unit c. $4.40 per unit d. $2.40 per unit
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