A product sells for $25 with variable costs of $15. What is thecontribution margin per unit?

Explanation of Selling Price:The selling price is the amount a company charges customers for one…

Answered: A product sells for $25 with variable…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4EB: A product has a sales price of $90 and a per-unit contribution margin of $30. What is the...

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Similar questions

Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65.
What is the contribution margin per unit?
A product has a sales price of $230 and a per-unit contribution margin of $115. What is the contribution margin ratio? Contribution margin ratio fill in the blank 1%
1. Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65. PLEASE NOTE: The per-unit Contribution Margin will be rounded in whole dollars and shown with "$" and commas as needed (i.e. $12,345). A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio? PLEASE NOTE: The Contribution Margin Ratio will be shown as a percentage, shown with "%" and rounded to three decimal places (i.e. 12.3%).
Calculate the per-unit contribution margin of a product that has a sale price of $225 if the variable costs per unit are $70. Contribution margin $ per unit
Calculator Calculate the per-unit contribution margin of a product that has a sale price of $180 if the variable costs per unit are $80. Contribution margin $ per unit
Cost, revenue, and profit are in dollars and x is the number of units. If the total profit function is P(x) = 3x – 18, find the marginal profit MP. MP = What does this mean? O This is the total cost. O The next unit sold costs this much to make. O This is the total revenue. O The next unit sold earns this much profit. O This is the total profit.
Is this correct?
What is the unit contribution margin on these accounting question?
The ratio of contribution margin in dollars to the selling price is the: Select one: O profit margin. O break-even point in unit sales. O contribution margin ratio. O net income
True or False. Variable costs as a percentage of sales are equal to 100% minus the contribution margin ratio.
Suppose a ceiling fan manufacturer has the total cost function C(x) = 35x + 1200 and the total revenue function R(x) = 65x. (a) What is the equation of the profit function P(x) for this commodity? P(x) = (b) What is the profit on 20 units? P(20) = Interpret your result. The total costs are less than the revenue. The total costs are more than the revenue. The total costs are exactly the same as the revenue. (c) How many fans must be sold to avoid losing money? fans

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A product sells for $25 with variable costs of $15. What is the contribution margin per unit?