Contribution Margin

Ferrante Company sells 32,000 units at $36 per unit. Variable costs are $21.96 per unit, and fixed costs are $206,700.

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.) $ per unit c. Income from operations $