WileyPLUS e Dunbar Manufactu x Sales revenue $ Vi × Ans D LO 2 Bloom × U why Man

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WileyPLUS e Dunbar Manufactu x Sales revenue $ Vi × Ans D LO 2 Bloom × U why Management × e what ls The Answex what is The Corre x c secure https://edugen.wileyplus.com/edugen/student/mainfr.u ni This email never blew a 3-1 lead Can the other emails in your inbox say that? No. No t.. 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: 82 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

Unit contribution margin = $130

Contribution margin ratio = 50%

Contribution margin ratio = Unit contribution margin/ Unit selling price

Unit selling price = Unit contribution margin / Contribution margin ratio

Unit selling price = $130/50% = $260

Hence, correct answer is $260

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