Question: Michigan Company sells 10,000 units at $100 per unit. Variable costs are $75 per unit, and fixed costs are $125,000. Determine (a) The contribution margin

Michigan Company sells 10,000 units at $100 per unit. Variable costs are $75 per unit, and fixed costs are $125,000. Determine
(a) The contribution margin ratio.
(b) The unit contribution margin.
(c) Income from operations.

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