=+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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Accounting

ISBN: 978-1111001346

23rd Edition

Authors: Carl S. Warren

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