Lily Company sells 30,000 units at $20 each, which exactly covers fixed costs of $150,000. What is the percentage contribution margin?
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Lily company sells 30,000 solution this accounting questions
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- If the selling price per unit is $10, the unit contribution margin is $5, and total fixed expenses are $17,500, what are the breakeven sales in units?What is the contribution margin per unit?John Co. produces a product that sells for P80. The variable manufacturing costs are P50 per unit. The fixed manufacturing cost is P10 per unit based on the current level of activity, and fixed selling and administrative costs are P10 per unit. A selling commission of 10% of the selling price is paid on each unit sold. What is the contribution margin per unit?
- HelpBarkley Company sells two products, red cups and black mugs. Barkley predicts that it will sell 2,000 red cups and 600 black mugs in the next period. The unit contribution margins for red cups and black mugs are $2.20 and $3.90, respectively. What is the weighted average unit contribution margin? (Round the final answer to the nearest cent.) O A. $0.90 O B. $2.59 O C. $3.37 O D. $7.33I need answer
- product x has a contribution margin of $18 (20% of the sales price) and product Y has a contribution margin of $37.50 (25% of the sales price). The total fixed costs for the year are $96250. The sales mix is 60% for product X and 40% Product Y. What is the breakeven number of units for product X and product Y? What is the total breakeven point in dollars?A product sells for $25 with variable costs of $15. What is the contribution margin per unit?The leading candidate for location will have a monthly fixed cost of $21,000 and variable costs of $6 per charger. Product sells for $14 each. What is the contribution margin rate? _% (no decimal) -