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Willie Company sells 29,000 units at $42 per unit. Costs that vary in total dollar amount as the level of activity changes. Variable costs are
Willie Company sells 29,000 units at $42 per unit. Costs that vary in total dollar amount as the level of activity changes. Variable costs are $26.46 per unit, and fixed costs are $220,800.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.
a.Contribution margin ratio (Enter as a whole number.) _________%
b.Unit contribution margin (Round to the nearest cent.)$_________ per unit
c.Income from operations $_________
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