A division sold 400,000 calculators in 2017: Sales $4,000,000 Variable costs: Materials $760,000 Order processing 300,000 Billing labor 220,000 Selling expenses 120,000 Total variable costs 1,400,000 Fixed costs 1,000,000 How much is the unit contribution margin? a. $1 b. $3.5 c. $6 d. $6.5

A division sold 400,000 calculators in 2017: Sales $4,000,000 Variable costs: Materials $760,000 Order processing 300,000 Billing labor 220,000 Selling expenses 120,000 Total variable costs 1,400,000 Fixed costs 1,000,000 How much is the unit contribution margin? a. $1 b. $3.5 c. $6 d. $6.5

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter5: Activity-based Costing And Management

Section: Chapter Questions

Problem 16MCQ: Suppose that a company is spending 60,000 per year for inspecting, 30,000 for purchasing, and 40,000...

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Question

Kindly help me with general accounting question

A division sold 400,000 calculators in 2017:
Sales
$4,000,000
Variable costs:
Materials
$760,000
Order processing
300,000
Billing labor
220,000
Selling expenses
120,000
Total variable costs 1,400,000
Fixed costs
1,000,000
How much is the unit contribution margin?
a. $1
b. $3.5
c. $6
d. $6.5

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