Safari Edit View History Bookmarks Window Help 2 Q Mon Jan 24 12:51 PM ho v2.cengagenow.com 88 C CengageNOWv2 | Online teaching and learning resource from Cengage Learning C Contribution Margin United Merchants Company Sells... | Chegg.com Course Hero Problem Set: Module 4 eBook Show Me How ? 1. BE.06.02.ALGO Contribution Margin 2. PR.06.02A.ALGO United Merchants Company sells 38,000 units at $47 per unit. Variable costs are $26.32 per unit, and fixed costs are $282,900. 3. EX.06.01 Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) 21 X % 4. BE.06.03.ALGO b. Unit contribution margin (Round to the nearest cent.) 46.44 X per unit c. Operating income Feedback Check My Work a. Unit contribution margin divided by unit sales price equals contribution margin ratio. b. Unit sales price minus unit variable costs equals unit contribution margin. c. Contribution margin minus fixed costs equals income from operations. Next Progress: 1/4 items Check My Work Assignment Score: 50% All work saved. Email Instructor Save and Exit Submit Assignment for Grading