Business, 25.03.2020 02:06, blackkiki5588

Penny Company sells 25,000 units at $59 per unit. Variable costs are $29 per unit, and operating loss is $(50,000). Determine the following: Round the contribution margin ratio to one decimal place. a. Unit contribution margin $ per unit b. Contribution margin ratio % c. Fixed costs per unit at production of 25,000 units $ per unit

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Penny Company sells 25,000 units at $59 per unit. Variable costs are $29 per unit, and operating los...