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Contribution Margin Willie Company sells 23,000 units at $32 per unit.Variable costsare $25.60 per unit, andfixed costsare $60,400. Determine (a) the contribution margin ratio, (b)
Contribution Margin
Willie Company sells 23,000 units at $32 per unit.Variable costsare $25.60 per unit, andfixed costsare $60,400.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
a.Contribution margin ratio (Enter as a whole number.)fill in the blank 1
%b.Unit contribution margin(Round to the nearest cent.)$fill in the blank 2
per unitc.Operating income$fill in the blank 3
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