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Molly Company sells 39,000 units at $42 per unit. Variable costs are $26.46 per unit, and fixed costs are $260,600. Determine (a) the contribution margin
Molly Company sells 39,000 units at $42 per unit. Variable costs are $26.46 per unit, and fixed costs are $260,600.
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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