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1. Consider the following scenario: A company sells 11,000 units of a product this year resulting in $302,000 in sales revenue. If the company has $175,000 in variable expenses, and $85,000 in Fixed expenses, what is the contribution margin per unit?

2. Consider the same scenario for ACME corporation, in which they have reported the following financial information for a given year. Determine the combined marginal tax rate. Enter your answer as a percentage (i.e if your answer is 3.4% enter 3.4)

Gross revenue 1488000

COGS 766000

Operating Expenses 148800

Federal Taxes 83040

State taxes 45702

Financial Management, Finance

  • Category:- Financial Management
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