Question
Contribution Margin Molly Company sells 23,000 units at $46 per unit. Variable costs are $25.76 per unit, and fixed costs are $181,600. Determine (a) the
Contribution Margin
Molly Company sells 23,000 units at $46 per unit. Variable costs are $25.76 per unit, and fixed costs are $181,600.
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.) | $ | per unit |
| c. Operating income |
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Public Sector Accounting And Budgeting For Non-Specialists
Authors: G. Jan Van Helden, Ron Hodges
1st Edition
1137376988, 9781137376985
