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11111nata11111 [884]
3 years ago
7

Sunshine Blender Company sold 3000 units in October at a sales price of $45 per unit. The variable cost is $25 per unit. Calcula

te the total contribution margin.
Business
1 answer:
Alekssandra [29.7K]3 years ago
5 0

Answer:

Total contribution margin= $60,000

Explanation:

Giving the following information:

Units sold= 3,000

Selling price per unit= $45

Unitary variable cost= $25

First, we will calculate the unitary contribution margin:

Unitary contribution margin= 45 - 25= $20

Now, total contribution margin:

Total contribution margin= 3,000*20= $60,000

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$2,010  

Explanation:

The future value of the savings account in 6 years can be computed using the below future value formula:

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FV=unknown future amount

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r=annual interest rate=5%

n=number of years envisaged=6

FV=$1,500*(1+5%)^6

FV=$1,500*(1.05)^6

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FV=$2,010  

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Answer:

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