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Bluegill Company sells 15,600 units at $320 per unit. Fixed costs are $249,600 and income from operations is $1,747,200. Determine the following: Round the contribution
Bluegill Company sells 15,600 units at $320 per unit. Fixed costs are $249,600 and income from operations is $1,747,200. Determine the following: Round the contribution margin ratio to two decimal places.
a. Variable cost per unit $ ____________
b. Unit contribution margin $ _______per unit
c. Contribution margin ratio ___________%
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