Zeke Company sells 25,300 units at $16 per unit. Variable costs are $10 per unit, and fixed costs are $35,700. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin are a.1% and $10 per unit b.1% and $16 per unit c.38% and $6 per unit d.38% and $16 per unit

Zeke Company sells 25,300 units at $16 per unit. Variable costs are $10 per unit, and fixed costs are $35,700. The contribution margin ratio (rounded to the nearest whole percent) and the unit contribution margin are a.1% and $10 per unit b.1% and $16 per unit c.38% and $6 per unit d.38% and $16 per unit

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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