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Contribution Margin Harry Company sells 16,000 units at $26 per unit. Variable costs are $22.10 per unit, and fixed costs are $23,700. Determine (a) the
Contribution Margin Harry Company sells 16,000 units at $26 per unit. Variable costs are $22.10 per unit, and fixed costs are $23,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) 96 per unit C. Operating income
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen and Peter Brewer
14th edition
978-0078111006
