Contribution Margin

United Merchants Company sells 36,000 units at $17 per unit. Variable costs are $13.94 per unit, and fixed costs are $47,400.

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		_____