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Pluto Company sold 4,480 units in October at a price of $63 per unit. The variable cost is $51 per unit. Calculate the total contribution margin. Question

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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Pluto Company sold 4,480 units in October at a price of $63 per unit. The variable cost is $51 per unit. Calculate the total contribution margin. Question

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Pluto Company sold 4,480 units in October at a price of $63 per unit. The variable cost is $51 per unit. Calculate the total contribution margin. A. $62,060 B. $73,080 C. $56,000 D. $72,000 E. $ 53,760
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Calculate the contribution margin per unit, in total, and as a ratio.
Given the solution for accounting