Glen Compary sals a product for $80 per unit Variable costs are 500 per unit, an

Question

Glen Compary sals a product for $80 per unit Variable costs are 500 per unit, and fixed costs are $800 per morth. The company expects to sel 560 units in Seplember. Caiculate the contribution margin per unit, in total, and as ratio Calodate ro ontbion magin per un. Select he formula labels and Pen orter fe omounts to comp to lhe rttaon magn per unit. Contribution margin per uni Calouiate the total contribution margin, Selet the omula labels and een enter the amounts to compute the contribution margin Contribution margin Cantribution

Explanation / Answer

Contribution margin per unit :

Total Contribution Margin :

Contribution Margin Ratio :

Selling Price per Unit - Variable Cost per Unit = Contribution Margin per Unit $ 80 - $ 60 = $ 20

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