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The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a Net Sales Revenue Variable Costs Beach $ 1,615,000 Fixed Costs Operating Income (Loss) $ 285,600 Units Sold 170,000 Contribution Margin per Unit $ 3.80 Contribution Margin Ratio %

The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a Net Sales Revenue Variable Costs Beach $ 1,615,000 Fixed Costs Operating Income (Loss) $ 285,600 Units Sold 170,000 Contribution Margin per Unit $ 3.80 Contribution Margin Ratio %

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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The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a Net Sales Revenue Variable Costs Beach $ 1,615,000 Fixed Costs Operating Income (Loss) $ 285,600 Units Sold 170,000 Contribution Margin per Unit $ 3.80 Contribution Margin Ratio %
Transcribed Image Text:The budgets of four companies yield the following information: (Click the icon to view the budget information for the four companies.) Read the requirements. Requirement 1. Fill in the blanks for each missing value. (Round the contribution margin per unit to the nearest cent. Use a Net Sales Revenue Variable Costs Beach $ 1,615,000 Fixed Costs Operating Income (Loss) $ 285,600 Units Sold 170,000 Contribution Margin per Unit $ 3.80 Contribution Margin Ratio %
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