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just need the QUESTIon The following is Mon Inc.'s contribution format income statement for last month: Sales $ 1,928,000 Less variable expenses 1,658,080 Contribution margin

just need the

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  1. The following is Mon Inc.'s contribution format income statement for last month:
    Sales $ 1,928,000
    Less variable expenses 1,658,080
    Contribution margin 269,920
    Less fixed expenses 117,000
    Net income 152,920
    The company has no beginning or ending inventories. A total of 25,000 units were produced and sold last month.
    NO COMMAS, NO $, NO DECIMALS, if your CM ratio is 8%, enter as "8%" - yes, DO enter the percentage sign with your answer)
    What is the company's contribution margin ratio (use a percent sign - see note above)? [1]

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