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Molly Company sells 21,000 units at $19 per unit. Variable costs are $15.20 per unit, and fixed costs are $39,900. Determine (a) the contribution margin
Molly Company sells 21,000 units at $19 per unit. Variable costs are $15.20 per unit, and fixed costs are $39,900.
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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