A manufacturer of potting soil has the following financial, Ask an Expert

Accounting

A manufacturer of potting soil has the following financial data:

Pounds produced and sold 23,900

Sales $189,800

Less: Variable manufacturing costs 121,000

Fixed manufacturing costs 10,000

Variable selling and administrative costs 30,900

Fixed selling and administrative costs 15,900

Net operating income $12,000

(a) What is the company’s unit contribution margin? (Round answer to 2 decimal places, e.g. 1.64.)

Unit contribution margin_____________ $

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91971728

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