Question
Sally Company sells 37,000 units at $38 per unit. Costs that vary in total dollar amount as the level of activity changes.Variable costs are $22.42
Sally Company sells 37,000 units at $38 per unit. Costs that vary in total dollar amount as the level of activity changes.Variable costs are $22.42 per unit, and Costs that tend to remain the same in amount, regardless of variations in the level of activity.fixed costs are $242,100.
Determine (a) the The percentage of each sales dollar that is available to cover the fixed costs and provide an operating income.contribution margin ratio, (b) the The dollars available from each unit of sales to cover fixed costs and provide operating profits.unit 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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