If selling price of a product is $20; variable cost per unit is 15 ; total contribution margin is 1000 and the net income $1500.What is the total units sold ? a. 500 b. 2000 c. 1200 d. -500 e. 200 -500 2000 1200 500 200

If selling price of a product is $20; variable cost per unit is 15 ; total contribution margin is 1000 and the net income $1500.What is the total units sold ? a. 500 b. 2000 c. 1200 d. -500 e. 200 -500 2000 1200 500 200

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If selling price of a product is $20; variable cost per unit is 15 ; total contribution margin is 1000 and the net income $1500.What is the total units sold ? a. 500 b. 2000 c. 1200 d. -500 e. 200

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