Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000 Units sold 400 Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 The contribution margin per unit is: Select one: a. None of the answers are correct Ob. 240,000 Oc. 1,500 O d. 360,000 O e. 600,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5PB: Wellington, Inc., reports the following contribution margin income statement for the month of May....
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Nizwa Co. has the following information available for December 2019:
Total fixed costs
OMR 240,000
Units sold
400
Unit selling price of a TV unit OMR 2,000
Unit variable costs
OMR 500
The contribution margin per unit is:
Select one:
a. None of the answers are correct
Ob. 240,000
O c. 1,500
O d. 360,000
O e. 600,000
Transcribed Image Text:Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000 Units sold 400 Unit selling price of a TV unit OMR 2,000 Unit variable costs OMR 500 The contribution margin per unit is: Select one: a. None of the answers are correct Ob. 240,000 O c. 1,500 O d. 360,000 O e. 600,000
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