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Bram, Co. produced 200 units of product in July. Each unit sells for $199.00 and costs $79.60 each to manufacture. Total fixed and variable costs for July were $30,920. What is the total contribution margin for July?
Box 1: Select the best answer
$23,880
Bram, Co. produced 200 units of product in July. Each unit sells for $199.00 and costs $79.60 each to manufacture. What is the total contribution margin per unit for July?
Box 1: Select the best answer
$119.40
Bram, Co. produced 200 units of product in July. Each unit sells for $199.00 and costs $79.60 each to manufacture. What is the contribution margin ratio for July?
Box 1: Select the best answer
60%