Willie Company sells 19,000 units at $18 per unit. Variable costs are $11.16 per unit, and...
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Willie Company sells 19,000 units at $18 per unit. Variable costs are $11.16 per unit, and fixed costs are $65,000. 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 $ Willie Company sells 19,000 units at $18 per unit. Variable costs are $11.16 per unit, and fixed costs are $65,000. 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 $
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A Contribution margin ratio Contributionsales x 100 Contribution per unit Sale... View the full answer
Related Book For
Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
Posted Date:
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