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a 1 ) what is the contribution ratio a 2 ) what is the change in operating income Question 12 of 13 -/4 Blossom Orthotics
a what is the contribution ratio
a what is the change in operating income
Question 12 of 13 -/4 Blossom Orthotics Company distributes a specialized ankle support that sells for $30. The company's variable costs are $18 per unit; fixed costs total $360,000 each year. Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38 Contribution margin ratio eTextbook and Media Save for Later = 38%.) Submit Answer If sales increase by $39,000 per year, by how much should operating income increase? (Use the rounded contribution margin ratio calculated in the previous part.)
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