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Macy Corporation's relevant range of activity is 8,100 units to 16.500 units. When it produces and sels 12,300 units, its average costs per unit are as follows Average Cost per Unit $5.50 $ 3.95 $ 1.95 $3.40 $1.25 $0.95 $1.20 Direct materials Direct labor Variable manufacturing overhead Fixed manufaceturing overhead rixed selling expense Tixed administrative expense Sales conminsions Variable administrative expense $0.85 If the selling price is $32.00 per unit, the contribution margin per unit sold is closest to:

Macy Corporation's relevant range of activity is 8,100 units to 16.500 units. When it produces and sels 12,300 units, its average costs per unit are as follows Average Cost per Unit $5.50 $ 3.95 $ 1.95 $3.40 $1.25 $0.95 $1.20 Direct materials Direct labor Variable manufacturing overhead Fixed manufaceturing overhead rixed selling expense Tixed administrative expense Sales conminsions Variable administrative expense $0.85 If the selling price is $32.00 per unit, the contribution margin per unit sold is closest to:

FINANCIAL ACCOUNTING
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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Multiple Cholce $18.55 $760 $11.40 $22.55
Transcribed Image Text:Multiple Cholce $18.55 $760 $11.40 $22.55
Macy Corporation's relevant range of activity is 8,100 units to 16,500 units. When it produces and sells 12,300 units, its average costs per unit are as follows: Average Cost per Unit $ 5.50 $ 3.95 $ 1.95 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead rixed selling expense rixed administrative expense $3.40 $1.25 $0.95 Sales connissions $ 1.20 Variable administrative expense $0.85 If the selling price is $32.00 per unit, the contribution margin per unit sold is closest to:
Transcribed Image Text:Macy Corporation's relevant range of activity is 8,100 units to 16,500 units. When it produces and sells 12,300 units, its average costs per unit are as follows: Average Cost per Unit $ 5.50 $ 3.95 $ 1.95 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead rixed selling expense rixed administrative expense $3.40 $1.25 $0.95 Sales connissions $ 1.20 Variable administrative expense $0.85 If the selling price is $32.00 per unit, the contribution margin per unit sold is closest to:
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