00:02
Hello, let's start with the first question.
00:05
Question number one, let's compute the unit contribution margin and it's equal to the difference between price and unit variable cost.
00:15
So it will be 400 minus $240, so the unit contribution margin is 160.
00:29
Okay, now part two.
00:32
Prepare a cvp income statement that shows both total and per unit amounts okay so here we have let you do it this way as sales so total we multiply the price by the number of units sold which is 600 so here we have 20 sorry 240 ,000 let me use this symbol k.
01:15
K means thousand.
01:17
So, 240 ,000.
01:21
I just multiplied the selling price by the number of units sold.
01:27
So this is total.
01:32
And also you asked me to do it per unit.
01:36
So per unit, it will be the price, which is 400.
01:42
Of course, everything in.....