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Contribution Margin Willie Company sells 19,000 units at $17 per unit.Variable costsare $11.05 per unit, andfixed costsare $50,900. Determine (a) thecontribution margin ratio, (b) theunit
Contribution Margin
Willie Company sells 19,000 units at $17 per unit.Variable costsare $11.05 per unit, andfixed costsare $50,900.
Determine (a) thecontribution margin ratio, (b) theunit 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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