Molly Company sells 23,000 units at $50 per unit. Variable costs are $36.50 per unit,...
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Accounting
Molly Company sells 23,000 units at $50 per unit. Variable costs are $36.50 per unit, and fixed costs are $180,100.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
a. Contribution margin ratio (Enter as a whole number.)fill in the blank 1%b. Unit contribution margin (Round to the nearest cent.)$fill in the blank 2per unitc. Operating income$fill in the blank 3
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