60.1K
Verified Solution
Link Copied!
Molly Company sells 37,000 units at $36 per unit. Variable costs are $30.60 per unit, and fixed costs are $89,900.
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
Answer & Explanation
Solved by verified expert
