%24 %24 In September, Oriole Industries sold 810 units of product. The average sales price was $35. During the month, fixed costs were $6,804 and variable costs were 60% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to O decimal places, e.g. 5,275, Other all answers to 2 decimal places, e.g. 52.75.) Contribution margin (in dollars) Unit contribution margin Contribution margin ratio e Textbook and Media Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

%24 %24 In September, Oriole Industries sold 810 units of product. The average sales price was $35. During the month, fixed costs were $6,804 and variable costs were 60% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to O decimal places, e.g. 5,275, Other all answers to 2 decimal places, e.g. 52.75.) Contribution margin (in dollars) Unit contribution margin Contribution margin ratio e Textbook and Media Attempts: 0 of 3 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above.

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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