A furniture manufacturer has supplied the following data: Item Amount Units of furniture produced and sold 120,000 Sales revenue $1,440,000 Variable manufacturing expense $540,000 Fixed manufacturing expense $300,000 Variable selling and administrative expense $150,000 Fixed selling and administrative expense $180,000 Net operating income $200,000 What is the company's unit contribution margin?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter2: Building Blocks Of Managerial Accounting
Section: Chapter Questions
Problem 4EB: Roper Furniture manufactures office furniture and tracks cost data across their process. The...
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A furniture manufacturer has supplied the following data:
Item
Amount
Units of furniture produced and sold
120,000
Sales revenue
$1,440,000
Variable manufacturing expense
$540,000
Fixed manufacturing expense
$300,000
Variable selling and administrative expense
$150,000
Fixed selling and administrative expense
$180,000
Net operating income
$200,000
What is the company's unit contribution margin?
Transcribed Image Text:A furniture manufacturer has supplied the following data: Item Amount Units of furniture produced and sold 120,000 Sales revenue $1,440,000 Variable manufacturing expense $540,000 Fixed manufacturing expense $300,000 Variable selling and administrative expense $150,000 Fixed selling and administrative expense $180,000 Net operating income $200,000 What is the company's unit contribution margin?
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