E7-39A (similar to) Storage Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital...
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E7-39A (similar to) Storage Manufacturing manufactures 256GB SD cards (memory cards for mobile phones, digital cameras, and other devices). Price and cost data for a relevant range extending to 200,000 units per month are as follows (Click the icon to view the data.) Read the requirements Requirement 1. What is the company's contribution margin per unit? Contribution margin percentage? Total contribution margin? Begin by identifying the formula. -Contribution margin per unit Data Table Sales price per unit: (current monthly sales volume is 120,000 units) 20.00 Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expenses . 7.40 5.00 2.20 1.40 Monthly fixed expenses Fixed manufacturing overhead Fixed selling and administrative expenses $ 191,400 $ 276,600
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