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Contribution Margin Ferrante Company sells 31,000 units at $20 per unit. Variable costs are $12.80 per unit, and fixed costs are $125,000. Determine (a) the

Contribution Margin Ferrante Company sells 31,000 units at $20 per unit. Variable costs are $12.80 per unit, and fixed costs are $125,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations. a. Contribution margin ratio (Enter as a whole number.) % b. Unit contribution margin (Round to the nearest cent.) c. Income from operations per unit

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