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Contribution Margin Harry Company sells 27,000 units at $47 per unit. Variable costs are $39.01 per unit, and fixed costs are $92,800. Determine (a) the
Contribution Margin Harry Company sells 27,000 units at $47 per unit. Variable costs are $39.01 per unit, and fixed costs are $92,800. 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.) 17 % 7.99 per unit 122,930 c. Operating income
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Corporate Finance A Focused Approach
Authors: Michael C. Ehrhardt, Eugene F. Brigham
6th edition
978-1305637108
