Question
Sally Company sells 21,000 units at $45 per unit. Variable costs are $36.90 per unit, and fixed costs are $73,100. Determine (a) the contribution margin
Sally Company sells 21,000 units at $45 per unit. Variable costs are $36.90 per unit, and fixed costs are $73,100.
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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Justified The Story Of Americas Audit
Authors: Dr. Kelli Ward
1st Edition
195725503X, 978-1957255033
