Question: Lanning Company sells 160,000 units at $45 per unit. Variable costs are $27 per unit, and fixed costs are $975,000. Determine (A) The contribution margin

Lanning Company sells 160,000 units at $45 per unit. Variable costs are $27 per unit, and fixed costs are $975,000. Determine

(A) The contribution margin ratio,

(B) The unit contribution margin,

(C) Income from operations.

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