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Contribution Margin Harry Company sells 35,000 units at $24 per unit. Variable costs are $19.92 per unit, and fixed costs are $84,300. Determine (a) the
Contribution Margin
Harry Company sells 35,000 units at $24 per unit. Variable costs are $19.92 per unit, and fixed costs are $84,300.
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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