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Contribution Margin Ferrante Company sells 34,000 units at $35 per unit. Variable costs are $23.45 per unit, and fixed costs are $125,700. Determine (a) the
Contribution Margin
Ferrante Company sells 34,000 units at $35 per unit. Variable costs are $23.45 per unit, and fixed costs are $125,700.
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.) | fill in the blank 1 | % |
b. Unit contribution margin (Round to the nearest cent.) | $fill in the blank 2 | per unit |
c. Income from operations | $fill in the blank 3 |
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