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Sally Company sells 29,000 units at $23 per unit.Variable costsare $18.86 per unit, andfixed costsare $56,400. Determine (a) the contribution margin ratio, (b) the unit
Sally Company sells 29,000 units at $23 per unit.Variable costsare $18.86 per unit, andfixed costsare $56,400.
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.) 4.14
c.Operating income
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