Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $8, and each clock sells for $18 Calculate Red Hawk's uni

Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $8, and each clock sells for $18 Calculate Red Hawks unit contribution margin. Answer is complete and correct. Variable Cost per argiontribution Sales Price per O-C 이- Unit Calculate Red Hawks contribution margin ratio. (Round your contribution margin ratio percentage to one decimal places (ie. .123 should be entered as 12.3%. ) Answer is not complete Contribution Margin Ratio 56 Suppose Red Hawk sells 2,000 clocks this year. Calculate the total contribution margin. Answer is complete but not entirely correct. Total Contribution Sales Price Unit Contribution per Unit 36,000 16000S 20,00

Red Hawk Enterprises sells handmade clocks. Its variable cost per clock is $8, and each clock sells for $18 Calculate Red Hawk’s unit contribution margin. Answer is complete and correct. Variable Cost per argiontribution Sales Price per O-C 이- Unit Calculate Red Hawk’s contribution margin ratio. (Round your contribution margin ratio percentage to one decimal places (ie. .123 should be entered as 12.3%. ) Answer is not complete Contribution Margin Ratio 56 Suppose Red Hawk sells 2,000 clocks this year. Calculate the total contribution margin. Answer is complete but not entirely correct. Total Contribution Sales Price Unit Contribution per Unit 36,000 16000S 20,00

Expert Answer

 

red hawk’s contribution margin ratio.

contribution per unit / Sales price per unit = Contribution margin ratio
$10 / $18 = 55.6 %

Suppose red hawk sells 2,000 clocks this year.

number of units sold * Contribution per unit = Total contribution margin
2,000 * $10 = $20,000
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