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Contribution Margin Sally Company sells 26,000 units at $35 per unit. Variable costs are $25.55 per unit, and fixed costs are $90,900. Determine (a) the
Contribution Margin Sally Company sells 26,000 units at $35 per unit. Variable costs are $25.55 per unit, and fixed costs are $90,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Operating income $
Contribution Margin Sally Company sells 26,000 units at $35 per unit. Variable costs are $25.55 per unit, and fixed costs are $90,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) 0/0 b. Unit contribution margin (Round to the nearest cent.) $ per unit c. Operating income $Step by Step Solution
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