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Sally Company sells 18,000 units at $44 per unit. Variable costs are $33.00 per unit, and fixed costs are $112,900. Determine (a) the contribution margin
Sally Company sells 18,000 units at $44 per unit. Variable costs are $33.00 per unit, and fixed costs are $112,900. 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.)____ per unit
c. Operating income_____
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