Please give me true answer this general accounting question XYZ Manufacturing Inc. sold 4,500 units in October at asales price of $60 per unit. The variable cost per unit is $35.Calculate the total contribution margin, also in percentageand per unit.

Step 1: Definition of Contribution MarginThe contribution margin is the difference between sales…

Answered: XYZ Manufacturing Inc. sold 4,500 units…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4PB: West Island distributes a single product. The companys sales and expenses for the month of June are...

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ABC Company sold 3,000 units in October at a sales price of $45 per unit...
In September, Crane Industries sold 800 units of product. The average sales price was $40. During the month, fixed costs were $6,504 and variable costs were 70% of sales. (a) Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.) Contribution margin (in dollars) $ Unit contribution margin Contribution margin ratio $
The contribution margin per unit .
Subject: financial accounting

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XYZ Manufacturing Inc. sold 4,500 units in October at a sales price of $60 per unit. The variable cost per unit is $35. Calculate the total contribution margin, also in percentage and per unit.