Bluegill Company Sells 45,000 Units at $18 Per Unit

question 203

Essay

Bluegill Company sells 45,000 units at $18 per unit. Fixed costs are $62,000, and income from operations is $298,000. Determine the
(a) variable cost per unit,
(b) unit contribution margin, and
(c) contribution margin ratio.

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Definitions:

Abstract Class

A class that cannot be instantiated on its own and is designed to be subclassed, often containing one or more abstract methods that must be implemented by subclasses.

Color Class

A programming construct used to represent and manipulate color values in software development.

SetColor

A method commonly used in graphical user interfaces and drawing contexts to specify the color for subsequent drawing operations.

Window Event

Represents actions or occurrences related to a window, such as opening, closing, or resizing, in GUI programming.