Question: please include steps Contribution margin Willie Company sells 38,000 units at $37 per unit, Variable costs are $22.94 per unit, and fixed costs are $229,700.
Contribution margin Willie Company sells 38,000 units at $37 per unit, Variable costs are $22.94 per unit, and fixed costs are $229,700. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income. a. Contribution margin ratio (Enter as a whole number.) is b. Unit contribution margin (Round to the nearest cent.) c. Operating income
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