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Contribution Margin Willie Company sells 15,000 units at $21 per unit. Variable costs are $14.28 per unit, and fixed costs are $54,400. Determine (a) the
Contribution Margin Willie Company sells 15,000 units at $21 per unit. Variable costs are $14.28 per unit, and fixed costs are $54,400.
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 $
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