A cement manufacturer has supplied the following data: ...

50.1K

Verified Solution

Question

Accounting

A cement manufacturer has supplied the following data:

Tons of cement produced and sold 266,000
Sales revenue $ 1,197,000
Variable manufacturing expense $ 435,000
Fixed manufacturing expense $ 232,000
Variable selling and administrative expense $ 97,000
Fixed selling and administrative expense $ 222,000
Net operating income $ 211,000

What is the company's unit contribution margin? (Round your intermediate calculations to 2 decimal places.)

Garrison 16e Rechecks 2017-08-04

Multiple Choice

$2.00 per unit

$0.52 per unit

$4.50 per unit

$2.50 per unit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students