Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. paint corp. has sales of $480,000, a contribution

Paint Corp. has sales of $480,000, a contribution margin ratio of 30%, and...

70.2K

Verified Solution

Question

Accounting

Paint Corp. has sales of $480,000, a contribution margin ratio of 30%, and a profit of $30,000. If 10,000 units were sold, what is the variable cost per unit?

Multiple Choice

  • $33.60

  • $4.80

  • 14.40

  • $48.00

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Unit VI How can organizations create value by implementing an advanced information system solution paired with the...

General Management
Q

DL A Normal Mutation is a change in DNA sequence Insertion CTTGTAGTAS GTGAACATCAT GG C...

Biology
Q

19 d y 10 Home 20 A molecule mostly proteins that functions as a catalyst...

Biology
Q

An object is placed 15.6 cm from a convex lens. An image is produced at...

Physics
Q

In Tony s cooler there are 6 bottles of soda and 8 bottles of water...

Statistics
Q

Alex sells Ice cream cones. He see each care for $2....

Accounting
Q

Describe the following individuals did in the Enrons Story: Mike Muckleroy, Lou Pai, John Olson?...

Accounting
Q

Courington Detailing's cost formula for its materials and supplies is $1,900 per month plus $9...

Accounting
Q

1.) For the adjusted entry for rent revenue and unearned rent revenue, why do you...

Accounting
Q

The chief cost accountant for Sassy Beverage Co. estimated that total factory overhead cost for...

Accounting
Q

Debate the following proposition. All Corporate formation transaction should be taxable events. PLEASE DO NOT...

Accounting
Q

Illinois Bio Technologies Illinois Bio Technologies (IBTECH) was founded in Rosemont, Illinois, in 1992 by...

Accounting