Question: A company sells 40 units at $60 per unit. Variable costs are $45 per unit and fixed costs are $1,000. Compute the contribution margin, contribution

A company sells 40 units at $60 per unit. Variable costs are $45 per unit and fixed costs are $1,000. Compute the contribution margin, contribution margin ratio, and income from operations.

A company sells 40 units at $60 per unit. Variable costs are $45 per unit and fixed costs are $1,000. Compute the contribution margin, contribution margin ratio, and income from operations

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