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Contribution Margin Molly Company sells 32,000 units at $18 per unit. Variable costs are $11.88 per unit, and fixed costs are $70,500. Determine (a)
Contribution Margin Molly Company sells 32,000 units at $18 per unit. Variable costs are $11.88 per unit, and fixed costs are $70,500. 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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