Question: Harry Company sells 28,000 units at $21 per unit. Variable costs are $16.17 per unit, and fixed costs are $47,300. Determine (a) the contribution margin
Harry Company sells 28,000 units at $21 per unit. Variable costs are $16.17 per unit, and fixed costs are $47,300.
Determine
(a) the contribution margin ratio,
(b) the unit contribution margin
(c) operating income.
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