Cardiff Electronics Company had the following statement of comprehensive income for the most recent year. Sales (17,000 units). Less: Variable expenses. Contribution. Less: Fixed expenses. Profit. Given this data, the contribution per unit was: £357,000 225,000 102,000 68,000 £ 34,000
Cardiff Electronics Company had the following statement of comprehensive income for the most recent year. Sales (17,000 units). Less: Variable expenses. Contribution. Less: Fixed expenses. Profit. Given this data, the contribution per unit was: £357,000 225,000 102,000 68,000 £ 34,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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
Transcribed Image Text:Cardiff Electronics Company had the following statement of comprehensive income for the most recent year.
Sales (17,000 units).
Less: Variable expenses.
Contribution.
Less: Fixed expenses.
Profit.
Given this data, the contribution per unit was:
Select one:
O A. £2
O B. £15
O C. £6
O D. £4
£357,000
225,000
102,000
68,000
£ 34,000
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