Royal Company provides the following information about its single product. Targeted operating income $55,260 Selling price per unit $6.20 Variable cost per unit $4.40 Total fixed cost $83,880 What is the contribution margin per unit? ⦁ $0.29 ⦁ $10.60 ⦁ $1.80 ⦁ $4.40
Royal Company provides the following information about its single product. Targeted operating income $55,260 Selling price per unit $6.20 Variable cost per unit $4.40 Total fixed cost $83,880 What is the contribution margin per unit? ⦁ $0.29 ⦁ $10.60 ⦁ $1.80 ⦁ $4.40
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 5MC: A company sells its products for $80 per unit and has per-unit variable costs of $30. What is the...
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10. Royal Company provides the following information about its single product.
Targeted operating income $55,260
Selling price per unit $6.20
Variable cost per unit $4.40
Total fixed cost $83,880
What is the contribution margin per unit?
⦁ $0.29
⦁ $10.60
⦁ $1.80
⦁ $4.40
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