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WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c sec

ID: 2562180 • Letter: W

Question

WileyPLUS Chegg Study | Guided Solutio × e what ls The Answer Please Arx × c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 80 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 A division sold 190000 calculators during 2017: Sales Variable costs 18-19-20 a Question 1 Question 2 $1900000 Question 4 Question 5 Question Question 7 Question Question 9 Question 10 Question 11 Materials Order processing Billing labor Selling expenses Total variable $361000 142500 104500 57000 665000 Fixed costs 1000000 Question13 Question 14 How much is the unit contribution margin? $1 $3.5 $8.8 $6.5 uestion 22 Click if you would like to Show Work for this question: Open Show Work Version 4.24.2.4

Explanation / Answer

Computation of Total Contribution

Particulars

$

Sales

1900000

Less: Variable Costs

665000

Total Contribution

1235000

                                                  

Computation of Unit Contribution Margin

Particulars

$

Total Contribution

1235000

Number of Units Sold

190000

Unit Contribution Margin (1235000/190000)

6.5

Therefore, the right answer is Option (d) $ 6.5

Computation of Total Contribution

Particulars

$

Sales

1900000

Less: Variable Costs

665000

Total Contribution

1235000

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