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The company has provided the following relating to the most recent month of operations, for their main product, tires. The company sold 8,600 tires. Total

The company has provided the following relating to the most recent month of operations, for their main product, tires. The company sold 8,600 tires.

Total Sales $ 3,034,700

Cost of Goods Sold (100% variable) $ 1,517,350

Fixed Selling Costs $ 212,429

Fixed Administrative Costs $ 242,776

Variable Selling Costs 7% of sales

Variable Administrative Costs $ 151,735

Using the information above, answer the following:

What is the total contribution margin?

What is the contribution margin ratio?

What is Net income?

What is the variable cost per unit?

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