Silvercrest Electronics manufactures and sells portable speakers. Each speaker sells for $48.50, and the variable cost per unit is $32.75. Silvercrest's total fixed costs are $30,000, and budgeted sales are 10,500 units. What is the contribution margin per unit?
Silvercrest Electronics manufactures and sells portable speakers. Each speaker sells for $48.50, and the variable cost per unit is $32.75. Silvercrest's total fixed costs are $30,000, and budgeted sales are 10,500 units. What is the contribution margin per unit?
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter7: Cost-volume-profit Analysis
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What is the contribution margin per unit?

Transcribed Image Text:Silvercrest Electronics manufactures and sells portable speakers. Each speaker sells for
$48.50, and the variable cost per unit is $32.75. Silvercrest's total fixed costs are $30,000,
and budgeted sales are 10,500 units. What is the contribution margin per unit?
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