Multiple Choice
For Buffalo Co., at a sales level of 5,000 units, sales is $75,000, variable expenses total $50,000, and fixed expenses are $21,000.What is the contribution margin per unit?
A) $4.20
B) $5.00
C) $10.00
D) $15.00
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: Contribution margin is the amount of revenue
Q37: The CVP income statement classifies costs as
Q43: A company can sell all the units
Q44: For Franklin, Inc., sales is $1,500,000, fixed
Q45: Hinge Manufacturing's cost of goods sold is
Q47: Warner Manufacturing reported sales of $2,000,000 last
Q48: Ramirez Corporation sells two types of computer
Q50: The degree of operating leverage provides a
Q71: Sales mix is not important to managers
Q79: Outsourcing production will<br>A) reduce fixed costs and