Question: By using the information given below calculate the total contribution margin and contribution margin percentage . Show your calculations. Variable cost of goods sold per

By using the information given below calculate the total contribution margin and contribution margin percentage. Show your calculations.

Variable cost of goods sold per unit $4.00

Fixed cost of goods sold per unit $3.00

Variable operating expenses per unit $1.50

Fixed operating expenses per unit $1.25

Selling price $12.00

Number of units sold 18,000

Number of units produced 20,000

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