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Contribution Margin Willie Company sells 34,000 units at $30 per unit. Variable costs are $18.60 per unit, and fixed costs are $135,700. Determine (a)
Contribution Margin Willie Company sells 34,000 units at $30 per unit. Variable costs are $18.60 per unit, and fixed costs are $135,700. 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.) c. Income from operations per unit
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
