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Assume a selling price of $35 per unit, variable cost per unit of $27, and total fixed cost of $2,000. If 950 units are sold,
Assume a selling price of $35 per unit, variable cost per unit of $27, and total fixed cost of $2,000. If 950 units are sold, calculate the contribution margin and the operating income. Contribution Margin $ 8 Operating Income $ 5,600
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Accounting
Authors: Carl S. Warren, Christine Jonick, Jennifer Schneider
28th Edition
1337902683, 978-1337902687
