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United Merchants Company sells 37,000 units at $21 per unit. Variable costs are $13.02 per unit, and fixed costs are $97,400. Determine (a) the contribution
United Merchants Company sells 37,000 units at $21 per unit. Variable costs are $13.02 per unit, and fixed costs are $97,400. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
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