My HomeCengageNOWv2 | Online teachin X/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseCarter Co. sells two products: Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data are as follows:Unit SellingUnit VariableUnit ContributionProductPriceCostMarginArks$120$80$40Bins806020Carter Co.'s unit contribution margin of E wasOa. $20Ob. $24Oc. $92Od. $60

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

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CengageNOWv2 | Online teachin X
/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
Carter Co. sells two products: Arks and Bins. Last year, Carter sold 14,000 units of Arks and 56,000 units of Bins. Related data are as follows:
Unit Selling
Unit Variable
Unit Contribution
Product
Price
Cost
Margin
Arks
$120
$80
$40
Bins
80
60
20
Carter Co.'s unit contribution margin of E was
Oa. $20
Ob. $24
Oc. $92
Od. $60

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