00:01
Hello students, here is a question.
00:02
Amica company has provided the following information for sales price per unit 552.
00:08
Variable cost is 540.
00:09
Fixed cost per month is 516 ,000 dollars.
00:13
Calculate the contribution margin per unit.
00:16
So, this is our question.
00:17
Let us discuss the answer for this.
00:19
So, first we need to find the contribution margin per unit.
00:23
The formula we use calculation of contribution margin per unit.
00:35
Contribution margin per unit that is sales price, sales price per unit minus variable cost per unit, variable cost per unit.
01:06
So, here let us plug the values...