Calstone Materials has supplied the following data for the most recent period: Item Amount Tons of gravel produced and sold 289,000 Sales revenue $980,600 Variable manufacturing expense $402,300 Fixed manufacturing expense $215,000 Variable selling and administrative expense $178,000 Fixed selling and administrative expense Net operating income $198,000 $87,300 What is the company's unit contribution margin?
Calstone Materials has supplied the following data for the most recent period: Item Amount Tons of gravel produced and sold 289,000 Sales revenue $980,600 Variable manufacturing expense $402,300 Fixed manufacturing expense $215,000 Variable selling and administrative expense $178,000 Fixed selling and administrative expense Net operating income $198,000 $87,300 What is the company's unit contribution margin?
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....
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Transcribed Image Text:Calstone Materials has supplied the following data for the most
recent period:
Item
Amount
Tons of gravel produced and sold
289,000
Sales revenue
$980,600
Variable manufacturing expense
$402,300
Fixed manufacturing expense
$215,000
Variable selling and administrative expense $178,000
Fixed selling and administrative expense
Net operating income
$198,000
$87,300
What is the company's unit contribution margin?
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