Financial Accounting
14th Edition
ISBN: 9781111823450
Author: Weil, Roman L./
Publisher: Cengage Learning
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Di fast answer of thi question of the general accounting question do fast explain
Hello tutor please help me this question general accounting
A company produces and sells a product with the following details:
•
Selling Price per Unit: $80
•
Variable Cost per Unit: $50
•
Fixed Costs: $150,000
⚫ Units Sold: 5,000
What is the contribution margin per unit and total contribution margin for
the company?
Options:
A. $30 per unit; $150,000 total
B. $25 per unit; $125,000 total
C. $35 per unit; $175,000 total
D. $30 per unit; $100,000 total
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- Provide answerarrow_forward(a3) Scenario 3: Copy of vendor invoice #332 for $70,000 received on April 11 showing terms of net 3/15 • Payment Voucher with the vendor name, the amount due, and terms with management approval • Copy of the remittance advice sent to the vendor showing #332 included in the payment to the vendor made on April 29 1. Would you enter accounting transactions? 2. If so, what accounting entries would you make? (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter O for the amount in the relevant debit OR credit box. Entering zero in ALL boxes will result in the question being marked incorrect.) Date Account Titles and Explanation > Debit Creditarrow_forwardNeedarrow_forward
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