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alexdok [17]
3 years ago
6

PA2.

Business
1 answer:
luda_lava [24]3 years ago
3 0

Answer:

Contribution margin per unit = $250

Contribution margin ratio = 55.56%

Explanation:

The computations are shown below:

Contribution margin per unit = Sale price per unit - variable cost per unit

                                                = $450 - $200

                                                = $250

Contribution margin ratio would be

= (Contribution margin per unit) ÷ (Sale price per unit) × 100

= ($250) ÷ ($450) × 100

= 55.56%

And, the contribution margin income statement for may month is presented below:

Sales (225 bikes × $450)                                 $101,250

Less: Variable cost (225 bikes × $200)          ($45,000)

Contribution margin                                        $56,250

Less: Fixed expenses per month                  ($40,000)

Net income                                                     $16,250

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