Question
Contribution Margin Molly Company sells 27,000 units at $26 per unit. Variable costs are $21.58 per unit, and fixed costs are $45,300. Determine (a) the
Contribution Margin
Molly Company sells 27,000 units at $26 per unit. Variable costs are $21.58 per unit, and fixed costs are $45,300.
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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The Lakeside Company Case Studies In Auditing
Authors: John Trussel, J. Douglas Frazer
12th Edition
0132567253, 978-0132567251
