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Ferrante Company sells 90,000 units at $60 per unit. Variable costs are $42 per unit, and fixed costs are $550,000. Determine (a) the contribution margin

Ferrante Company sells 90,000 units at $60 per unit. Variable costs are $42 per unit, and fixed costs are $550,000.

Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.

a. Contribution margin ratio (Round to one decimal place.)

fill in the blank 1

%
b. Unit contribution margin $fill in the blank 2 per unit
c. Income from operations $fill in the blank 3

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