Explore BrainMass

Explore BrainMass

    Landes Excavating Company: Contribution margin per unit

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    The Landes Excavating Company experienced the following costs in 2007: Direct materials $1.75/unit Direct labor $2.00/unit Variable manufacturing overhead $2.50/unit Variable selling $.75/unit Fixed manufacturing overhead $50,000 Fixed selling $15,000 Fixed administrative $5,000 During the year the company manufactured 100,000 units and sold 80,000 units. If the average selling price per unit was $22.65 what is the company's contribution margin per unit?

    © BrainMass Inc. brainmass.com June 3, 2020, 11:04 pm ad1c9bdddf

    Solution Summary

    Response provides the steps for calculating Contribution Margin per unit