Pringle Company manufactures and sells a single product, which is priced at $35/unit. The company's sales and expenses for a recent month follow: Total Sales $8,750,000 Variable Costs Fixed Costs O $12.96 The unit contribution margin is: O $22.04 O $18.00 O $5.04 4,250,000 $17.00 3,240,000

Pringle Company manufactures and sells a single product, which is priced at $35/unit. The company's sales and expenses for a recent month follow: Total Sales $8,750,000 Variable Costs Fixed Costs O $12.96 The unit contribution margin is: O $22.04 O $18.00 O $5.04 4,250,000 $17.00 3,240,000

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

C1.

Pringle Company manufactures and sells a
single product, which is priced at $35/unit.
The company's sales and expenses for a
recent month follow:
Total
Sales $8,750,000
Variable
Costs
Fixed
Costs
O $12.96
The unit contribution margin is:
O $22.04
O $18.00
O $5.04
4,250,000
O $17.00
3,240,000

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