If Daniel's Marina reported sales of $408,500 this year, generated from the sale of 190...

80.2K

Verified Solution

Question

Accounting

If Daniel's Marina reported sales of $408,500 this year, generated from the sale of 190 small motors, what was the average selling price per motors? If Daniel's variable cost were $880 per motor, how much contribution margin in total did the business generate? how much was the contribution margin 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