Education Publishing Company has the following information available for August. Cost Information . Unit Selling Price of Textbook Unit Variable Costs Total Fixed Costs Units Sold Cost $75.00 $24.00 $13,730.00 21,000 Compute the unit contribution margin. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign. . Make sure you round your answers to two decimal places. So if the answer is $10, you should be typing 10.00.
Education Publishing Company has the following information available for August. Cost Information . Unit Selling Price of Textbook Unit Variable Costs Total Fixed Costs Units Sold Cost $75.00 $24.00 $13,730.00 21,000 Compute the unit contribution margin. When typing your responses, do NOT include a dollar sign. For example, if your answer is $10,000, you should be typing 10,000.00 without any dollar sign. . Make sure you round your answers to two decimal places. So if the answer is $10, you should be typing 10.00.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
ll.2
Transcribed Image Text:Education Publishing Company has the following information available for
August.
Cost Information
.
Unit Selling Price of Textbook
Unit Variable Costs
Total Fixed Costs
Units Sold
Cost
$75.00
$24.00
$13,730.00
21,000
Compute the unit contribution margin.
.
• When typing your responses, do NOT include a dollar sign. For example, if your
answer is $10,000, you should be typing 10,000.00 without any dollar sign.
Make sure you round your answers to two decimal places. So if the answer is $10,
you should be typing 10.00.
Transcribed Image Text:If Toms Company, a fertilizer producer, has a selling price of $4.00 per fertilizer
bag, variable cost of $0.50 per bag of fertilizer, and fixed cost of $2,100.00.
What is the number of fertilizer bags (units) it must sell to break even?
When typing your responses, do NOT include a dollar sign. For example, if your
answer is $10,000, you should be typing 10,000.00 without any dollar sign.
Make sure you round your answers to two decimal places. So if the answer is $10,
you should be typing 10.00.
• Do NOT type "Units" to indicate the number of units. You just need to type the
numbers ONLY. For example, if your answer is 100 units, you should be typing
100 without any words.
.
.
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