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A company sells small motors as a component part to automobiles. The Model 101 motor sells for $770 and has per unit variable costs of

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A company sells small motors as a component part to automobiles. The Model 101 motor sells for $770 and has per unit variable costs of $462 The company has fired expenses of $90,000 per month. In August, the company sold 430 of the Model 101 motors. octet s producer A. Calculate the contribution margin per unit for the Model 101. Contribution margin $ 308 per unit B. Calculate the contribution margin ratio of the Model 101. Contribution margin ratio 1*% Feedback C. Prepare a contribution margin income statement for the month of August. Use a minus sign for a net loss if present. Income Statement Sales 770 X Variable Costs 308 X Contribution Margin 308 X Fbced Costs 90.000 Net Income (Loss)

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