Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. you have a price of $5 per unit. your total variab

You have a price of $5 per unit. Your total variable costs are $1 per...

80.2K

Verified Solution

Question

Accounting

You have a price of $5 per unit. Your total variable costs are $1 per unit and your fixed costs are $4,000 per month. What is your contribution margin?

Group of answer choices

400%

500%

80%

20%

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

determine the number of formula units of a) CaF2 in a unit cell of fluorite b) TiO2...

Chemistry
Q

The text raises excellent questions about ethical issues related to using technology in genetics, such as....

Biology
Q

60 cm diameter well is being pumped at a rate of 1360 litres/minute. measurements in a...

Civil Engineering
Q

Consider the case of Mike. He is just about to turn 62 years of age and...

Accounting
Q

24 25 6 3 7 The primary structure of proteins is the O a amino...

Biology
Q

Which epidemiological tool will NOT help you answer the question, "How are people being exposed...

Biology
Q

Q2 If the voltage across a bulb decreases by 1 then the percentage change in...

Physics
Q

Find the area under the standard normal curve to the left of z 2 11...

Statistics
Q

8 Select a function y f x x and dx and find dy to approximate...

Calculus
Q

1 Simplify each expression Use absolute value symbols when necessary 36a8 1 2 49b2 27x...

Algebra
Q

VSB 3006 _______________________________ X2 Extra Credit Print Name (Last, First) Budgeting The following...

Accounting
Q

Question 2 1 pts Suppose the real risk-free rate is 3.50%, the average future inflation...

Finance