Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000, and income from operations is $298,000. Determine the
(a) variable cost per unit,
(b) unit contribution margin, and
(c) contribution margin ratio.

Question

Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000, and income from operations is $298,000. Determine the 
(a) variable cost per unit, 
(b) unit contribution margin, and 
(c) contribution margin ratio.

Quizplus · Accepted Answer

The Answer of Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000, and income from operations is $298,000. Determine the 
(a) variable cost per unit, 
(b) unit contribution margin, and 
(c) contribution margin ratio.

Bluegill Company Sells 45,000 Units at $18 Per Unit