Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:(Round your answers to two decimal places when needed and use rounded answers for all future calculations). UnitsNumber of unitsSales price per unitVariable costs per unitCalculate:Contribution margin per unit ($)Total Contribution margin ($)Contribution margin ratio (%)1,440$1,230$630A2,140$710$410B1,110$3,270$2,170с

Contribution Margin per Unit: Contribution margin per unit is the amount of profit a product or…

Units Number of units Sales price per unit Variable costs per unit Calculate: Contribution margin per unit ($) Total Contribution margin ($) Contribution margin ratio (%) 1,440 $1,230 $630 A 2,140 $710 $410 B 1,110 $3,270 $2,170 с

Units Number of units Sales price per unit Variable costs per unit Calculate: Contribution margin per unit ($) Total Contribution margin ($) Contribution margin ratio (%) 1,440 $1,230 $630 A 2,140 $710 $410 B 1,110 $3,270 $2,170 с

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

Complete the table below for contribution margin per unit, total contribution margin, and contribution margin ratio:

(Round your answers to two decimal places when needed and use rounded answers for all future calculations).

Units
Number of units
Sales price per unit
Variable costs per unit
Calculate:
Contribution margin per unit ($)
Total Contribution margin ($)
Contribution margin ratio (%)
1,440
$1,230
$630
A
2,140
$710
$410
B
1,110
$3,270
$2,170
с

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