=+PE 21-1B High-low method obj. 1 EE 21-1 p. 953 Rumpza Company sells 8,000 units at $50
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=+PE 21-1B High-low method obj. 1 EE 21-1 p. 953 Rumpza Company sells 8,000 units at $50 per unit. Variable costs are $40 per unit, and fixed costs are $20,000. Determine
(a) the contribution margin ratio,
(b) the unit contribution margin, and
(c) income from operations.
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