Coastal Electronics manufactures and sells portable chargers. Each charger sells for $38.50, and the variable cost per unit is $24.75. Coastal's total fixed costs are $52,000, and budgeted sales are 9,500 units. What is the contribution margin per unit?

Coastal Electronics manufactures and sells portable chargers. Each charger sells for $38.50, and the variable cost per unit is $24.75. Coastal's total fixed costs are $52,000, and budgeted sales are 9,500 units. What is the contribution margin per unit?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter7: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 58P: Polaris Inc. manufactures two types of metal stampings for the automobile industry: door handles and...

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Solve with explanation and accounting

Coastal Electronics manufactures and sells portable chargers. Each charger
sells for $38.50, and the variable cost per unit is $24.75. Coastal's total fixed
costs are $52,000, and budgeted sales are 9,500 units. What is the contribution
margin per unit?

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