Question
Contribution Margin Harry Company sells 33,000 units at $14 per unit. Variable costs are $10.92 per unit, and fixed costs are $40,700. Determine (a) the
Contribution Margin Harry Company sells 33,000 units at $14 per unit. Variable costs are $10.92 per unit, and fixed costs are $40,700. 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
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College Accounting Chapters 1-9
Authors: James A. Heintz, Robert W. Parry
22nd Edition
1305666186, 9781305666184
