Wally's Interior Design sells curtains

Management Oct 30, 2020

Wally's Interior Design sells curtains. The selling price of a set of curtains is $1,275 and the variable (flexible) costs per set of curtains is $445. The Total Fixed Cost for the store are $86,967

What is the Contribution Margin per set of curtains? (round to whole dollar, no decimals)

Expert Solution

Computation of Contribution Margin per set of curtains:

Contribution Margin per set of curtains = Selling Price per Set of Curtains - Variable Cost per Set of Curtains

= $1,275 - $445

Contribution Margin per set of curtains = $830 per set of curtains

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