Bluegill Company sells 12,500 units at $300 per unit. Fixed costs are $187,500, and operating income is $2,437,500. Determine the (a) variable cost per unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio % per unit
Bluegill Company sells 12,500 units at $300 per unit. Fixed costs are $187,500, and operating income is $2,437,500. Determine the (a) variable cost per unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin c. Contribution margin ratio % per unit
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter6: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...
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![Bluegill Company sells 12,500 units at $300 per unit. Fixed costs are $187,500, and operating income is $2,437,500. Determine the (a) variable cost per
unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places.
a. Variable cost per unit
b. Unit contribution
margin
c. Contribution margin
ratio
%
per
unit](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9f495d01-8e94-4a58-9c46-b1ef030cc39b%2F2c34ec8d-cb1c-48a3-a914-57cd6b040bc2%2Ft6wjxci_processed.png&w=3840&q=75)
Transcribed Image Text:Bluegill Company sells 12,500 units at $300 per unit. Fixed costs are $187,500, and operating income is $2,437,500. Determine the (a) variable cost per
unit, (b) unit contribution margin, and (c) contribution margin ratio. Round the contribution margin ratio to two decimal places.
a. Variable cost per unit
b. Unit contribution
margin
c. Contribution margin
ratio
%
per
unit
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