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Harry Company sells 38,000 units at $24 per unit. Variable costs are $18.00 per unit, and fixed costs are $116,300. Determine a) the contribution margin
Harry Company sells 38,000 units at $24 per unit. Variable costs are $18.00 per unit, and fixed costs are $116,300.
Determine a) the contribution margin ratio, b) the unit contribution margin, and c) operating income
a. Contribution margin ratio (Enter as a whole number)
b. Unit contribution margin (Round to the nearest cent.)
c. Operating income
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