Question: Managerial accounting, please help me solve. Contribution Margin United Merchants Company sells 39,000 units at $41 per unit. Variable costs are $34.44 per unit, and
Managerial accounting, please help me solve.
Contribution Margin United Merchants Company sells 39,000 units at $41 per unit. Variable costs are $34.44 per unit, and fixed costs are $102,300. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) b. Unit contribution margin (Round to the nearest cent.) % c. Operating income $ per unit 5
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