A furniture manufacturer specializes in wood tables. The tables sell for $ 75 per unit and incur $ 25 per unit in variable costs. The company has $ 5,000 in fixed costs per month.
6. |
Prepare a contribution margin income statement for one month if
the company sells
550550 tables. |
7. |
What is the total contribution margin for the month when the
company sells
550550 tables? |
8. |
What is the unit contribution margin? |
9. |
What is the contribution margin ratio? |
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