Hiren Tunes Vinyl Shop provided the following information: Average selling price per record $18 Average variable cost per record $12 Monthly fixed cost $12,000 What is Hiren Tunes Vinyl Shop's contribution margin per unit in dollars?
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- What is heart & soul's contribution margin per unit in dollars??Need help with this general accounting questionAssume that markup is based on selling price. Calculate the dollar markup and cost. (Round your answers to the nearest cent.) Selling price Dollar Item Markup percent Cost markup Canon scanner 2$ 105 40 %
- Kelly Company has the following data: Sales Price per unit $590 Variable Cost per unit $413 Total Fixed Costs $10,000 If the owner wants a $20,000 target profit, what would be the amount of sales reversr e tr answer to the nearest dollar.) O $42,857 O $66,667 O $100,000 O $28,571What is silverline's contribution margin ratio on these general accounting question?When prices are rising (inflation), which costing method would produce the highest value for gross margin? Choose between first-in, first-out (FIFO); last-in, first-out (LIFO); and weighted average (AVG). Evansville Company had the following transactions for the month. Calculate the gross margin for each of the following cost allocation methods, assuming A62 sold just one unit of these goods for $10,000. Provide your calculations. A. first-in, first-out (FIFO) B. last-in, first-out (LIFO) C. weighted average (AVG)
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