Answered: ABC Company sold 3,000 units in October…

ABC Company sold 3,000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calculate the total contribution margin also in percentage and per unit.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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Question

Calculate the total contribution margin also in percentage and per unit general accounting

ABC Company sold 3,000 units in October at a sales
price of $45 per unit. The variable cost is $25 per unit.
Calculate the total contribution margin also in
percentage and per unit.

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