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Are these the correct answers? If not can you please correct me. Thank you! Contribution Margin Molly Company sells 34,000 units at $50 per unit.
Are these the correct answers? If not can you please correct me. Thank you!
Contribution Margin Molly Company sells 34,000 units at $50 per unit. Variable costs are $30.00 per unit, and fixed costs are $374,000 Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. 40 % a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) $ 20 per unit C. Income from operations 34,000 Step by Step Solution
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