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How do I calculate contribution margin and contribution margin ratio
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The budget contribution margin per unit?
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Tie One on budgeted for production and sales of 12,000 silk ties, but actually produced 11,000 and sold 10,500. Each tie has the following standards: 1 foot of material at a budgeted cost of $1.50 per foot and 20 minutes of sewing time at a cost of $0.25 per unit. The ties sell for $8. Actual...
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Determine the contribution margin in dollars, per unit, and as a ratio.
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In the month of June, Mandeep's Beauty Salon gave 2,700 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $18,000 and the variable costs were 75% of sales. How do I calculate the variable costs to determine the contribution margin in dollars, per... View more questions Search
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