Calculation of variable cost and contribution margin
Not what you're looking for?
Amaya Corp. produced 150,000 watches that sold for $24 each during 2006. The company determined that fixed manufacturing cost per unit was $6 per watch. The company reported a $600,000 gross margin on its 2006 financial statements.
Determine the total variable cost, the variable cost per unit, and the total contribution margin.
Purchase this Solution
Solution Summary
Solution describes how to calculate total variable cost, the variable cost per unit, and the total contribution margin by using the data given in the problem.
Solution Preview
Hello,
Calculation of total variable cost, the variable cost per unit, and the total contribution margin
...
Purchase this Solution
Free BrainMass Quizzes
MS Word 2010-Tricky Features
These questions are based on features of the previous word versions that were easy to figure out, but now seem more hidden to me.
Understanding Management
This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.
Team Development Strategies
This quiz will assess your knowledge of team-building processes, learning styles, and leadership methods. Team development is essential to creating and maintaining high performing teams.
Transformational Leadership
This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media