16.64 average of the four races that kerri ran in seconds.
Answer:
1. 160 minutes
2. 84 minutes
3. 5:12
4. 6:40
5a: 4:44 b: 7:14
Step-by-step explanation:
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Answer:
Please see attachments for step by step guide and answers.
The contribution margin per unit is $ 1.50
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with few fixed expenses tend to have low contribution margins, whereas capital-intensive, industrial businesses have more fixed costs and, thus, higher contribution margins.
According to the question,
Total expenses per unit = $(5.50+3.00+1.50+4.00+2.50+2.00+1.00+0.50)
= $ 20
Selling Price per unit = $ 21.50
Thus, contribution margin per unit = $ (21.50 - 20)
= $ 1.50
Learn more about contribution margin here:
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