The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin's total fixed costs are $25,000, and budgeted sales are 8,000 units. What is the contribution margin per unit?

Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
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Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
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Chapter7: Cost-volume-profit Analysis
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The haskin company manufacturers accounting questions solution

The Haskins Company manufactures and sells
radios. Each radio sells for $23.75 and the variable
cost per unit is $16.25. Haskin's total fixed costs are
$25,000, and budgeted sales are 8,000 units.
What is the contribution margin per unit?
Transcribed Image Text:The Haskins Company manufactures and sells radios. Each radio sells for $23.75 and the variable cost per unit is $16.25. Haskin's total fixed costs are $25,000, and budgeted sales are 8,000 units. What is the contribution margin per unit?
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