2. Contribution Margin

Ferrante Company sells 33,000 units at $18 per unit. Variable costs are $11.88 per unit, and fixed costs are $60,600.

Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.

a. Contribution margin ratio (Enter as a whole number.)	____________	%
b. Unit contribution margin (Round to the nearest cent.)	$____________	per unit
c. Income from operations	$____________