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United Merchants Company sells 19,000 units at $10 per unit. Variable costs are $7.40 per unit, and fixed costs are $18,800. Determine (a) the contribution
United Merchants Company sells 19,000 units at $10 per unit. Variable costs are $7.40 per unit, and fixed costs are $18,800. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) fill in the blank 1 % b. Unit contribution margin (Round to the nearest cent.) $fill in the blank 2 per unit c. Operating income $fill in the blank 3
Contribution Margin United Merchants Company sells 19,000 units at $10 per unit. Variable costs are $7.40 per unit, and fixed costs are $18,800. 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.) per unit c. Operating income $
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