Question
Contribution Margin Willie Company sells 27,000 units at $35.00 per unit. Variable costs are $20.30 per unit, and fixed costs are $182,600. Determine (a) the
Contribution Margin
Willie Company sells 27,000 units at $35.00 per unit. Variable costs are $20.30 per unit, and fixed costs are $182,600.
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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Modern Auditing
Authors: William C. Boynton, Walter G. Kell, Raymond N. Johnson, Dr William Boynton
7th Edition
047118909X, 978-0471189091
