Homework Answers
1. Contribution margin per unit = Sales - variable cost = $2 - 1 = $1 per unit
2. Contribution margin ratio = Contribution margin per unit / Sales = 1/2 = 50%
3. Operating income = Contribution - fixed cost
= 1600*1 - 500
= $1100
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Raiden runs her own hot dog stand on the U of A campus. The monthly cost...
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