**Carter Co. Product Sales Analysis**Carter Co. sells two products: Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. The related data are as follows:| Product | Unit Selling Price | Unit Variable Cost | Unit Contribution Margin ||---------|--------------------|--------------------|--------------------------|| Arks | $120 | $80 | $40 || Bins | $80 | $60 | $20 |**Question:**Calculate Carter Co.'s unit contribution margin of E.**Options:**a. $20 b. $24 c. $92 d. $60 (Note: Option "d. $60" is selected)

Correct Answer is :- D Contribution margin = 60

Answered: Unit Selling Unit Vari Product Price…

Business

Accounting

Unit Selling Unit Vari Product Price Cost Arks $120 $8 Bins 80

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

**Carter Co. Product Sales Analysis**

Carter Co. sells two products: Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. The related data are as follows:

| Product | Unit Selling Price | Unit Variable Cost | Unit Contribution Margin |
|---------|--------------------|--------------------|--------------------------|
| Arks | $120 | $80 | $40 |
| Bins | $80 | $60 | $20 |

**Question:**

Calculate Carter Co.'s unit contribution margin of E.

**Options:**

a. $20
b. $24
c. $92
d. $60

(Note: Option "d. $60" is selected)

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