What is contribution margin if average variable cost per unit is $6.40 and the average variable rate is.34. Round all calculations to two decimal places. a. $12.42 b. $18.82
What is contribution margin if average variable cost per unit is $6.40 and the average variable rate is.34. Round all calculations to two decimal places. a. $12.42 b. $18.82
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:What is contribution margin if average variable cost per unit is $6.40 and the average variable rate is.34. Round all
calculations to two decimal places.
a.
$12.42
b.
$18.82
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