Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20,500, and the expenses for January 2022 were as follows: Variable Fixed $207,050 $123,000 56,375 Administrative expenses 29,725 Cost of goods sold Selling expenses Show Transcribed Text 28,700 35,875 Blossom Manufacturing Inc. CVP Income Statement Total Per unit

Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter2: Basic Cost Management Concepts
Section: Chapter Questions
Problem 22E: Ellerson Company provided the following information for the last calendar year: During the year,...
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Calculate the contribution margin per unit. (Round per unit cost to 2 decimal places, eg. 15.25.)
Contribution margin $
C
per unit
Transcribed Image Text:1.1 → Show Transcribed Text Calculate the contribution margin per unit. (Round per unit cost to 2 decimal places, eg. 15.25.) Contribution margin $ C per unit
Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20.500, and the expenses for January
2022 were as follows:
Cost of goods sold
Selling expenses
Administrative expenses
Show Transcribed Text
Variable
$207.050
56.375
29,725
Fixed
$123,000
28,700
35,875
10
C
Blossom Manufacturing Inc.
CVP Income Statement
Total
Per unit
Transcribed Image Text:Blossom Manufacturing Ltd. had sales for January 2022 of $1,025,000. The units sold were 20.500, and the expenses for January 2022 were as follows: Cost of goods sold Selling expenses Administrative expenses Show Transcribed Text Variable $207.050 56.375 29,725 Fixed $123,000 28,700 35,875 10 C Blossom Manufacturing Inc. CVP Income Statement Total Per unit
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