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Ivanhoe's Water World is distributing replacement water coolers in the Montreal area for $160 per...

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Question

Accounting

Ivanhoe's Water World is distributing replacement water coolers in the Montreal area for $160 per cooler. Ivanhoe's
fixed costs are equal to $65,875 per month, and the Ivanhoe's accounting staff has calculated the monthly break-even in
units to be 775.
(a)
6 Your answer is incorrect.
Given this information, compute the variable cost per unit and the contribution margin per unit.
Variable cost
Contribution margin
$
$
per unit
per unit
image

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