Question
Contribution Margin United Merchants Company sells 39,000 units at $45 per unit.Variable costsare $33.30 per unit, andfixed costsare $214,500. Determine (a) the contribution margin ratio,
Contribution Margin
United Merchants Company sells 39,000 units at $45 per unit.Variable costsare $33.30 per unit, andfixed costsare $214,500.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
a.Contribution margin ratio (Enter as a whole number.)fill in the blank 1
%b.Unit contribution margin(Round to the nearest cent.)$fill in the blank 2
per unitc.Operating income$fill in the blank 3
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Accounting A Pathway Into The World Of Business And Data Analytics
Authors: Carl S. Warren, Jefferson P. Jones, William Tayler
29th Edition
0357899644, 9780357899649
