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Refer to the table below which information refers to Triple A Corp. who produced and sold 50,000 units during a recent accounting period: How much is the contribution margin per unit? Sales 850,000 Manufacturing costs        Fixed  210,000      Variable 140,000 Selling and Administrative costs        Fixed  300,000      Variable 45,000 income tax rate 40% 1.  P 16.60 2.  P 31.00 3.  P  7.30 4.  P 13.30 Group of answer choices 1 2 3 4

Refer to the table below which information refers to Triple A Corp. who produced and sold 50,000 units during a recent accounting period: How much is the contribution margin per unit? Sales 850,000 Manufacturing costs        Fixed  210,000      Variable 140,000 Selling and Administrative costs        Fixed  300,000      Variable 45,000 income tax rate 40% 1.  P 16.60 2.  P 31.00 3.  P  7.30 4.  P 13.30 Group of answer choices 1 2 3 4

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter2: Basic Managerial Accounting Concepts
Section: Chapter Questions
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Refer to the table below which information refers to Triple A Corp. who produced and sold 50,000 units during a recent accounting period:

How much is the contribution margin per unit?

Sales

850,000

Manufacturing costs

  

     Fixed 

210,000

     Variable

140,000

Selling and Administrative costs

  

     Fixed 

300,000

     Variable

45,000

income tax rate

40%

1.  P 16.60

2.  P 31.00

3.  P  7.30

4.  P 13.30

Group of answer choices
1
2
3
4
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