Question: Thorup Company sells 5,000 units at $40 per unit. Variable costs are $34 per unit, and fixed costs are $10,000. Determine (a) The contribution margin
(a) The contribution margin ratio,
(b) The unit contribution margin, and
(c) Income from operations.
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a 15 40 3440 or 200000 170000200000 b 6 per unit 40 3... View full answer
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