Question
Sally Company sells 21,000 units at $45 per unit.Variable costsare $36.90 per unit, andfixed costsare $73,100. Determine (a) the contribution margin ratio, (b) the unit
Sally Company sells 21,000 units at $45 per unit.Variable costsare $36.90 per unit, andfixed costsare $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.)
c.Operating income
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
