Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000 and income from operations is $298,000. Determine:
(a) variable cost per unit
(b) unit contribution margin
(c) contribution margin ratio.

Question

Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000 and income from operations is $298,000. Determine: 
(a) variable cost per unit 
(b) unit contribution margin 
(c) contribution margin ratio.

Quizplus · Accepted Answer

The Answer of Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000 and income from operations is $298,000. Determine: 
(a) variable cost per unit 
(b) unit contribution margin 
(c) contribution margin ratio.

Bluegill Company Sells 45,000 Units at $18 Per Unit