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2.972 PE 21-2A Contribution margin OBJ. 2 Elon Company sells 6,000 units at $80 per unit. Variable costs are $50 per unit, and fixed costs

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2.972 PE 21-2A Contribution margin OBJ. 2 Elon Company sells 6,000 units at $80 per unit. Variable costs are $50 per unit, and fixed costs are $50,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. n/a Total Sales Less: Variable Costs Contribution Margin n/a Contribution Margin Ratio = FALSE Total Sales for all units - Total Variable Costs Total Sale Price Per Unit Sales Price per unit Less: Variable Costs per unit Contribution Margin per unit n/a Total Sales n/a = Income from Operations n/a

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