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Contribution Margin Molly Company sells 17,000 units at $18 per unit. Variable costs are $10.26 per unit, and fixed costs are $65,800. Determine (a)
Contribution Margin Molly Company sells 17,000 units at $18 per unit. Variable costs are $10.26 per unit, and fixed costs are $65,800. 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.) c. Operating income % per unit
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
