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Molly Company sells 35,000 units at $22 per unit. Variable costs are $16.50 per unit, and fixed costs are $102,000. Determine (a) the contribution
Molly Company sells 35,000 units at $22 per unit. Variable costs are $16.50 per unit, and fixed costs are $102,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) c. Operating income % per unit
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Accounting Principles
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
12th edition
1119132223, 978-1-119-0944, 1118875052, 978-1119132226, 978-1118875056
