WileyPLUS Sales revenue$ Variab × e lf A Company Had A Co x Ans D LO 2 Bloom K D

Question

WileyPLUS Sales revenue$ Variab × e lf A Company Had A Co x Ans D LO 2 Bloom K D , × , why Management Accox e what ls The Answer Ple x X c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni WileyPLUS Kimmel Accounting, 6 INTRODUCTORY ACCOUNTING I/II (ACT 221/222) Home Read, Study & Practice Assignment Gradebook ORION Downloadable eTextbook Assignment>open Assignment TIMER Start Time: 02:00 PM/ Remaining: 85 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT ASSIGNMENT RESOURCES Question 1 A company has a unit contribution margin of $130 and a contribution margin ratio of 50%. what is the unit selling price? 18-19-20 a Question 1 Question 2 $65 Cannot be determined. $173 Question 4 Question 5 Question Question 7 Question Question 9 Question 10 Question 11 $260 Click if you would like to Show Work for this question: Question13 Question 14 Question 15 Question Attempts: 0 of 1 usedSAVE FOR LATER SUBMIT ANSWER uestion 2 Question 25 All Rights Reserved. A Division of lohn Wiley & Sons Inc Version 4.24.2.4

Explanation / Answer

Given Data, Unit contribution = $ 130 Contribution Margin Ratio = 50% Unit Contribution = Selling Price * Contribution Margin Ratio 130 = selling Price * 50% Selling Price = 130/50% Selling Price = $ 260. Therefore, the right answer is Option (d) $ 260.

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.