Answer this MCQ The variable cost is $18 per unit for a product thatsells for $25. For 2,500 units, what is thecontribution margin and contribution margin perunit?a. $10,500; $7b. $17,500; $7c. $20,000; $18d. $25,000; $25

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Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1EA: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the...

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Calculate the per-unit contribution margin of a product that has a sale price of $200 if the variable costs per unit are $65.
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Given the following information, find dollar sales: a. Fixed costs, $60,000; profit, $18,000; sales price per unit, $8.00; variable cost per unit, $5.00 b. Variable rate, .45; profit, $21,578.10; fixed costs, $58,382 c. Sales price per unit, $16.60; profit, $21,220; contribution margin, $9.29; fixed costs, $126,000
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A product has a sales price of $230 and a per-unit contribution margin of $115. What is the contribution margin ratio? Contribution margin ratio fill in the blank 1%

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The variable cost is $18 per unit for a product that sells for $25. For 2,500 units, what is the contribution margin and contribution margin per unit? a. $10,500; $7 b. $17,500; $7 c. $20,000; $18 d. $25,000; $25