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Contribution Margin Ferrante Company sells 36,000 units at $21 per unit. Variable costs are $12.81 per unit, and fixed costs are $115,000. Determine (a) the

Contribution Margin Ferrante Company sells 36,000 units at $21 per unit. Variable costs are $12.81 per unit, and fixed costs are $115,000. 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.) 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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