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A recent income statement of Orion Data Systems Ltd. reported the following data: • • Sales Revenue = $7,200,000 Variable Costs = $5,400,000 Fixed Costs = $1,500,000 If these data are based on the sale of 18,000 units, what is the contribution margin per unit? a. $100.00 b. $120.00 c. $115.00 d. $105.00

A recent income statement of Orion Data Systems Ltd. reported the following data: • • Sales Revenue = $7,200,000 Variable Costs = $5,400,000 Fixed Costs = $1,500,000 If these data are based on the sale of 18,000 units, what is the contribution margin per unit? a. $100.00 b. $120.00 c. $115.00 d. $105.00

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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A recent income statement of Orion Data Systems Ltd. reported the following data: • • Sales Revenue = $7,200,000 Variable Costs = $5,400,000 Fixed Costs = $1,500,000 If these data are based on the sale of 18,000 units, what is the contribution margin per unit? a. $100.00 b. $120.00 c. $115.00 d. $105.00
Transcribed Image Text:A recent income statement of Orion Data Systems Ltd. reported the following data: • • Sales Revenue = $7,200,000 Variable Costs = $5,400,000 Fixed Costs = $1,500,000 If these data are based on the sale of 18,000 units, what is the contribution margin per unit? a. $100.00 b. $120.00 c. $115.00 d. $105.00
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