Contribution Margin United Merchants Company sells 34,000 units at $12 per unit. Variable costs are $6.72 per unit, and fixed costs are $100,500. Determine (a) the contribution margin ratio, (b)...

Contribution Margin

United Merchants Company sells 34,000 units at $12 per unit. Variable costs are $6.72 per unit, and fixed costs are $100,500.

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.)	fill in the blank 1	%
b.Unit contribution margin (Round to the nearest cent.)	$fill in the blank 2	per unit
c.Income from operations	$fill in the blank 3

Jun 10, 2022

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