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Willie Company sells 28,000 units at $48.00 per unit. Variable costs are $29.76 per unit, and fixed costs are $250,300. Determine the (a) contribution margin
Willie Company sells 28,000 units at $48.00 per unit. Variable costs are $29.76 per unit, and fixed costs are $250,300. Determine the (a) contribution margin ratio, (b) 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) | $ | |
| c. | Income from operations | $ |
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