Question
Harry Company sells 40,000 units at $33 per unit. Variable costs are $22.77 per unit, and fixed costs are $241,400. Determine (a) the contribution margin
Harry Company sells 40,000 units at $33 per unit. Variable costs are $22.77 per unit, and fixed costs are $241,400.
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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AML Auditing Understanding Investment Banking
Authors: Bob Walsh
1st Edition
153959307X, 978-1539593072
