Question
Harry Company sells 38,000 units at $47 per unit.Variable costsare $26.32 per unit, andfixed costsare $330,100. Determine (a) thecontribution margin ratio, (b) theunit contribution margin,
Harry Company sells 38,000 units at $47 per unit.Variable costsare $26.32 per unit, andfixed costsare $330,100.
Determine (a) thecontribution margin ratio, (b) theunit contribution margin, and (c) income from operations.
a.Contribution margin ratio (Enter as a whole number.)fill in the blank 1
%b.Unit contribution margin (Round to the nearest cent.)$fill in the blank 2
per unitc.Income from operations$fill in the blank 3
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College Accounting Chapters 1-27
Authors: James A. Heintz, Robert W. Parry
23rd edition
1337794759, 978-1337794756
