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SHOW ME HOW EE 21-22 1029 PE 21-2B Contribution margin OBJ. 2 Morrison Company sells 124,000 units at $16 per unit. Variable costs are $12

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SHOW ME HOW EE 21-22 1029 PE 21-2B Contribution margin OBJ. 2 Morrison Company sells 124,000 units at $16 per unit. Variable costs are $12 per unit, and fixed costs are $144,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations

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