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Willie Company sells 38,000 units at $40 per unit.Variable costsare $29.6 per unit, andfixed costsare $221,300. Determine (a) thecontribution margin ratio, (b) theunit contribution margin,
Willie Company sells 38,000 units at $40 per unit.Variable costsare $29.6 per unit, andfixed costsare $221,300.
Determine (a) thecontribution margin ratio, (b) theunit 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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