Question
Molly Company sells 31,000 units at $12 per unit. Variable costs are $7.68 per unit, and fixed costs are $50,900. Determine (a) the contribution margin
Molly Company sells 31,000 units at $12 per unit. Variable costs are $7.68 per unit, and fixed costs are $50,900.
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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Will You Be My Internal Audit Manager
Authors: Benito Gross
1st Edition
B09774C8CK, 979-8521636563
