Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 |$12,750 Total contribution margin $15,000 $3,000 Fixed cost $4,000 Profit (loss) $8,000 |-$1,000 $975 Units sold |1,500 215 Price per unit $5.00 $140.00 Variable cost per unit $12.00 Contribution Margin per unit $2.00 What are Tenenbaum's Sales?

Below is the information on three independent companies: Zissou Gustave Tenenbaum Sales $25,000 Total variable cost $10,000 $18,000 |$12,750 Total contribution margin $15,000 $3,000 Fixed cost $4,000 Profit (loss) $8,000 |-$1,000 $975 Units sold |1,500 215 Price per unit $5.00 $140.00 Variable cost per unit $12.00 Contribution Margin per unit $2.00 What are Tenenbaum's Sales?

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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