United Merchants Company sells 27,000 units at $16 per unit. Variable costs are $9.28 per...
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Accounting
United Merchants Company sells 27,000 units at $16 per unit. Variable costs are $9.28 per unit, and fixed costs are $68,900. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) per unit c. Operating income
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