Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution margin ratio and the unit contribution margin are:
A) 47% and $11 per unit
B) 53% and $7 per unit
C) 47% and $8 per unit
D) 52% and $11 per unit
Correct Answer:
Verified
Q103: If sales are $525,000, variable costs are
Q104: If variable costs per unit increased because
Q105: If fixed costs are $350,000, the unit
Q106: If fixed costs are $700,000 and the
Q107: If fixed costs are $500,000, the unit
Q110: If fixed costs are $561,000 and the
Q111: If fixed costs are $1,200,000, the unit
Q112: Spice Inc.'s unit selling price is $60,
Q113: If fixed costs are $450,000, the unit
Q131: If fixed costs are $600,000 and the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents