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In September, Pharoah Industries sold 810 units of product. The average sales price was $40. During the month, fixed costs were $6,900 and variable costs

In September, Pharoah Industries sold 810 units of product. The average sales price was $40. During the month, fixed costs were $6,900 and variable costs were 70% of sales.

(a)

Determine the contribution margin in dollars, per unit, and as a ratio. (Round Contribution margin to 0 decimal places, e.g. 5,275. Other all answers to 2 decimal places, e.g. 52.75.)

Contribution margin (in dollars)

$enter a dollar amount rounded to 0 decimal places

Unit contribution margin

$enter a dollar amount rounded to 2 decimal places

Contribution margin ratio

enter percentages rounded to 2 decimal places

%

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