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Molly Company sells 24,000 units at $26 per unit. Variable costs are $14.56 per unit, and fixed costs are $104,300. Determine (a) the contribution margin
Molly Company sells 24,000 units at $26 per unit. Variable costs are $14.56 per unit, and fixed costs are $104,300.
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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