Question

Ivanhoe Company has the following information available for September 2020.

Unit selling price of video game consoles $540
Unit variable costs $378
Total fixed costs $68,040
Units sold 600

Compute the unit contribution margin.

Answer 1

Answer:

Contrinution margin per unit= $162

Explanation:

Giving the following information:

The unit selling price of video game consoles $540

Unit variable costs $378

The contribution margin per unit is the result of the deduction of the unitary variable cost from the selling price.

Contrinution margin per unit= 540 - 378= $162