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X Company had the following information available for 2021: Selling price per unit Variable cost per unit $250 $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is:

X Company had the following information available for 2021: Selling price per unit Variable cost per unit $250 $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is:

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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CVP Analysis Use the following to answer the questions below X Company had the following information available for 2021: Selling price per unit Variable cost per unit $250 $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is: O $150
Transcribed Image Text:CVP Analysis Use the following to answer the questions below X Company had the following information available for 2021: Selling price per unit Variable cost per unit $250 $100 Total fixed costs $120.000 Based on the above, the unit contribution margin is: O $150
O $175,000 O $75,000 O None of the above Based on the above, assuming that actual units sold is 1,500 units. If the company wishes to increase its total dollar contribution margin by 15% in the next year, by how much will it increase its sales if all other factors remain constant? * $84,375 $431,250 $56,250 None of the above
Transcribed Image Text:O $175,000 O $75,000 O None of the above Based on the above, assuming that actual units sold is 1,500 units. If the company wishes to increase its total dollar contribution margin by 15% in the next year, by how much will it increase its sales if all other factors remain constant? * $84,375 $431,250 $56,250 None of the above
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