Question
(2.)Contribution Margin Harry Company sells 15,000 units at $39.00 per unit. Variable costs are $23.40 per unit, and fixed costs are $70,200. Determine (a) the
(2.)Contribution Margin
Harry Company sells 15,000 units at $39.00 per unit. Variable costs are $23.40 per unit, and fixed costs are $70,200.
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 | $___ |
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Fraud Auditing And Forensic Accounting
Authors: Tommie W Singleton, Aaron J Singleton, G Jack Bologna, Robert J Lindquist
4th Edition
047056413X, 9780470564134
