Ivanhoe Company has the following information available for September 2022. Unit selling price of video game consoles $540 Unit variable costs $378 Total fixed costs $68,040 Units sold 600 (a) Compute the unit contribution margin. Unit contribution margin
Ivanhoe Company has the following information available for September 2022. Unit selling price of video game consoles $540 Unit variable costs $378 Total fixed costs $68,040 Units sold 600 (a) Compute the unit contribution margin. Unit contribution margin
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Ivanhoe Company has the following information available for September 2022.
Unit selling price of video game consoles
$540
Unit variable costs
$378
Total fixed costs
$68,040
Units sold
600
(a)
Compute the unit contribution margin.
Unit contribution margin
$
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