Answered: Westfield Manufacturing sells 45,000…

Westfield Manufacturing sells 45,000 units at $42 per unit. Variable costs are $29.40 per unit, and fixed costs are $315,000. Determine the contribution margin ratio.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter2: Building Blocks Of Managerial Accounting

Section: Chapter Questions

Problem 5EA: Rose Company has a relevant range of production between 10,000 and 25.000 units. The following cost...

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Question

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Please provide the correct answer to this general accounting problem using accurate calculations.

Westfield Manufacturing sells 45,000 units at $42 per unit.
Variable costs are $29.40 per unit, and fixed costs are
$315,000. Determine the contribution margin ratio.

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