Question
ontribution Margin Willie Company sells 36,000 units at $50 per unit. Variable costs are $33.00 per unit, and fixed costs are $189,700. Determine (a) the
ontribution Margin
Willie Company sells 36,000 units at $50 per unit. Variable costs are $33.00 per unit, and fixed costs are $189,700.
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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Frank Woods Business Accounting Volume 2
Authors: Frank Wood, Alan Sangster
11th Edition
0273712136, 9780273712138
