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Contribution Margin Willie Company sells 27,000 units at $23 per unit.Variable costsare $18.17 per unit, andfixed costsare $58,700. Determine (a) thecontribution margin ratio, (b) theunit
Contribution Margin
Willie Company sells 27,000 units at $23 per unit.Variable costsare $18.17 per unit, andfixed costsare $58,700.
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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