Question
Willie Company sells 32,000 units at $22 per unit. Variable costs are $13.86 per unit, and fixed costs are $153,700. Determine (a) the contribution margin
Willie Company sells 32,000 units at $22 per unit. Variable costs are $13.86 per unit, and fixed costs are $153,700.
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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Contemporary Auditing
Authors: Michael C. Knapp
11th edition
1305970810, 9781337514811, 1337514810, 978-1305970816
