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tatofthe work yoy have done so for is comect you may not have completed everythi

ID: 2432942 • Letter: T

Question

tatofthe work yoy have done so for is comect you may not have completed everything 16 p manufactures one model of birdbath, which is very popularMoming Dove sells all unitsEproduces each month The nelevart r production of 1,700 units ollow Moming Dove's ulities and maintenance coss are mied with ange is 0- 2.100 unts and monthly productsion oosts for Direct labor Supervisor's salary Suppose t sels each birdbath for $2 .Calulte the unit conrituion margin and contribution margin ratio for each bidbath soid ( Rsund Variable cest per unit to 2 decimal places Enter all amounts as posilive values) O Answer is cemplete but not entirely correct 26000 6.00 0 command option

Explanation / Answer

Unit contribution margin / Sales Price = Contribution margin ratio $ 19.86 / $       26.00 = 76.38 % There is just clerical error while calculating contribution margin ratio. Contribution margin ratio = Unit contribution margin / Sales price = ($19.86 / $26.00) X 100 = 76.38 % (rounding off the answer near 2 decimal places)