Answer:
A) 32,090 cookies
B) $ 0.5665336
C) 32.938%
<em>Questions:</em>
A) If Erin sells her cookies for $1.72 each, how many cookies did she sell during the month?
B) Contribution margin per cookie
C) Contribution margin ratio
Explanation:
A) sales revenue / sale price per unit
55,194 / 1.72 = 32.089,53
B) and C)
variable cost:
manufacturing 28,232
selling 8,908 x 20% = 1.781,6
administrative 11,516 x 60% =<u> 6.909,6 </u>
Total variable cost: 37.014,2
Contribution Margin: 55,194 - 37,014.2 = 18.179,8
Contribution Margin Ratio 18,179.8 / 55,194 = 0,329380 = 32.938%
Contribution Margin per cookie:
$1.72 x 32.938% = 0,5665336
