Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. bluegill company sells 8,900 units at $240 per uni

Bluegill Company sells 8,900 units at $240 per unit. Fixed costs are $106,800, and operating...

50.1K

Verified Solution

Question

Accounting

Bluegill Company sells 8,900 units at $240 per unit. Fixed costs are $106,800, and operating income is $1,174,800. Determine the following:

a. Variable cost per unit $
b. Unit contribution margin $ per unit
c. Contribution margin ratio %

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

Finance
1.2K views

EXPECTED RETURNS Stocks A and B have the following probability distributions of expected future returns: Probability A B 0.1 (10%) (35%) 0.2 3 0 0.3 11 19 0.3 19 27 0.1 32 47 Calculate the expected...

Biology
1.2K views

After the fusion of the viral and endosomal membranes, the negative-stranded genome segments of influenza virus...

Biology
1.2K views

One very diverse group of eukaryotic microbes are protozoa. All protozoa are eukaryotic, unicellular and lack...

Advance Math
1.2K views

Use Laplace Transforms to solve the following second-order differential equation:   y"-3y'+4y=xe2x where y'(0)=1 and y(0)=2

Physics
1.2K views

are pretty much evenly distributed among the chapters except for Good luck everyone and as...

Physics
1.2K views

c 2 5 52 66 The battery of a trunk has an emf of 24...

Basic Math
1.2K views

The radius of a cylindrical construction pipe is 2 ft, and its length is 18...

Accounting
1.2K views

Cul de las siguientes afirmaciones sobre los mtodos para estimar una frmula de costo es...

Accounting
1.2K views

please answer please help Chipman Incorporated, produces water...

Accounting
1.2K views

Exercise 6-1 (Algo) Variable and Absorption Costing Unit Product Costs (LO6-1) Ida Company produces a...

Finance
1.2K views

What is the NPV of the following set of cash flows if the required return...

Accounting
1.2K views

I have a balance sheet with these items listed: ...