A furniture manufacturer specializes in wood tables. The tables sell for $$115$ per unit and incur $$45$ per unit in variable costs. The company has $$8,000$ in fixed costs per month.

$6.$ Prepare a contribution margin income statement for one month if the company sells $600$ tables.

$7.$ What is the total contribution margin for one month when the company sells $600$ tables?

$8.$ What is the unit contribution margin?

$9.$ What is the contribution margin ratio?

$6.$ Prepare a contribution margin income statement for one month if the company sells $600$ tables.

$7.$ What is the total contribution margin for one month when the company sells $600$ tables?

Contribution margin $=$

$8.$ What is the unit contribution margin?

Select the formula labels and then entering the amounts to compute the contribution margin per unit.

Unit contribution margin

$=1$

What is the contribution margin ratio?

Select the formula labels and then enter the amounts to compute the contribution margin ratio. $($Round your answer to the nearest percent, X$\%.)$

Contribution margin ratio