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Chilton, Incorporated, sold 1 2 , 5 0 0 units last year for $ 2 0 each. Variable costs per unit were $ 2 .
Chilton, Incorporated, sold units last year for $ each. Variable costs per unit were $ for direct materials, $ for direct labor, and $ for variable overhead. Fixed costs were $ in manufacturing overhead and $ in nonmanufacturing costs.
Required:
a What is the total contribution margin?
Note: Round your intermediate calculations to decimal places.
b What is the unit contribution margin?
Note: Round your answer to decimal places.
c What is the contribution margin ratio?
Note: Round your intermediate calculations and final answer to decimal places.
d If sales increase by units, by how much will profits increase?
Note: Round your intermediate calculation to decimal places and final answer to the nearest dollar amount.
tablea Total Contribution Margin,b Unit Contribution Margin,c Contribution Margin Ratio,d Profits Increase,
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