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Penny Company Sells 25,000 Units at $59 Per Unit

Question 184

Short Answer

Penny Company sells 25,000 units at $59 per unit. Variable costs are $29 per unit, and loss from operations is $(50,000). Determine:
(a) unit contribution margin
(b) contribution margin ratio
(c) fixed costs per unit at production of 25,000 units.

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a.  $59 - $29 = $30 ...

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