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A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00

A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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What is the contribution margin per unit of this general accounting question?

A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00
Transcribed Image Text:A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00
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