United Merchants Company sells 20,000 units at $46 per unit. Variable costs are $28.98 per unit, and

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United Merchants Company sells 20,000 units at $46 per unit. Variable costs are $28.98 per unit, and fixed costs are $153,200.

Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.

a. Contribution margin ratio (Enter as a whole number.)	fill in the blank 1	%
b. Unit contribution margin (Round to the nearest cent.)	$fill in the blank 2	per unit
c. Income from operations	$fill in the blank 3

Related Book For answer-question

Modern Database Management

ISBN: 978-0133544619

12th edition

Authors: Jeff Hoffer, Ramesh Venkataraman, Heikki Topi

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Posted Date: Aug 01, 2022 02:01 AM

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United Merchants Company sells 20,000 units at $46 per unit. Variable costs are $28.98 per unit, and

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a Contribution margin ratio Contribution marginSales100 340400920000100 37 Working note... View the full answer

Modern Database Management

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