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Contribution Margin United Merchants Company sells 24,000 units at $41 per unit.Variable costsare $30.75 per unit, andfixed costsare $100,900. Determine (a) thecontribution margin ratio, (b)
Contribution Margin
United Merchants Company sells 24,000 units at $41 per unit.Variable costsare $30.75 per unit, andfixed costsare $100,900.
Determine (a) thecontribution margin ratio, (b) theunit contribution margin, and (c) income from operations.
a.Contribution margin ratio (Enter as a whole number.)fill in the blank 1
%b.Unit contribution margin (Round to the nearest cent.)$fill in the blank 2
per unitc.Income from operations$fill in the blank 3
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