Question
Sally Company sells 16,000 units at $38 per unit.Variable costsare $23.56 per unit, andfixed costsare $115,500. Determine (a) thecontribution margin ratio, (b) theunit contribution margin,
Sally Company sells 16,000 units at $38 per unit.Variable costsare $23.56 per unit, andfixed costsare $115,500.
Determine (a) thecontribution margin ratio, (b) theunit 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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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
