Please help A product sells for $50 per unit, and the variable costs per unit are $30. What is the contribution margin ratio?A) 20%B) 30%C) 40%D) 60%

Step 1: Find the contribution margin per unit.= selling price - variable costs= $50 - $30= $20 Step…

Answered: A product sells for $50 per unit, and…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 3EA: A product has a sales price of $150 and a per-unit contribution margin of $50. What is the...

See similar textbooks

Similar questions

A product has a sales price of $150 and a per-unit contribution margin of $50. What is the contribution margin ratio?
Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65.
A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the contribution margin per unit? A. $30 B. $50 C. $80 D. $110
A companys product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin per unit? A. $40 B. $60 C. $90 D. $150
A companys product sells for $150 and has variable costs of $60 associated with the product. What is its contribution margin ratio? A.10% B.40% C. 60% D. 90%
A product sells for $25 with variable costs of $15. What is the contribution margin per unit?
General Accounting
Given selling price is $20 per unit, fixed costs are $3 per unit, and profit per unit is $1, What is the contribution per unit? $4 $19 $1.25 $17 What is the answer?
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%).
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%
If selling price is $150 per unit, variable cost is $81 per unit, and fixed cost is $240, calculate the contribution margin ratio.

SEE MORE QUESTIONS

Recommended textbooks for you

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

Principles of Accounting Volume 2

Accounting

ISBN:

9781947172609

Author:

OpenStax

Publisher:

OpenStax College

EBK CONTEMPORARY FINANCIAL MANAGEMENT

Finance

ISBN:

9781337514835

Author:

MOYER

Publisher:

CENGAGE LEARNING - CONSIGNMENT

SEE MORE TEXTBOOKS

A product sells for $50 per unit, and the variable costs per unit are $30. What is the contribution margin ratio? A) 20% B) 30% C) 40% D) 60%