Contribution Margin Molly Company sells 19,000 units at $37 per unit. Variable costs are $28.12 per unit, and fixed cost
Posted: Mon May 30, 2022 8:03 am
Company sells 19,000 units at $37 per unit. Variable costs are $28.12 per unit, and fixed costs are $62,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Operating income
Contribution Margin Molly