Vega Enterprises sells an electronic device at $75.00 per unit with a CM ratio of 25%. The company's fixed expenses are $300,000 per year, and it expects to sell 12,000 units this year. What are the variable expenses per unit?

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5EB: Cadre, Inc., sells a single product with a selling price of $120 and variable costs per unit of $90....
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Vega Enterprises sells an electronic device at $75.00 per unit with a CM
ratio of 25%. The company's fixed expenses are $300,000 per year, and it
expects to sell 12,000 units this year.
What are the variable expenses per unit?
Transcribed Image Text:Vega Enterprises sells an electronic device at $75.00 per unit with a CM ratio of 25%. The company's fixed expenses are $300,000 per year, and it expects to sell 12,000 units this year. What are the variable expenses per unit?
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