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Paint Corp

question 40

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Paint Corp.has sales of $600,000,a contribution margin ratio of 30%,and a profit of $40,000.If 20,000 units were sold,what is the variable cost per unit?


Definitions:

Bredt's Rule

A principle in organic chemistry stating that bridgehead carbon atoms cannot possess double bonds if the ring system is small due to excessive angle strain.

2-Butanol

An organic chemical compound, a secondary alcohol, with the formula CH3CH(OH)CH2CH3, characterized by a hydroxyl group attached to the second carbon of a butane chain.

Butane

A gas compound known as C4H10, which can be found in two different structural variations, utilized for fuel and cooling purposes.

Dehydrohalogenation

A chemical reaction in which a halogen atom and a hydrogen atom are removed from an organic molecule, forming an alkene.

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