Contribution Margin

United Merchants Company sells 23,000 units at $34 per unit. Variable costs are $24.48 per unit, and fixed costs are $76,600.

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 $