Home / Questions / Contribution Margin Lanning Company sells 160,000 units at $45 per unit. Variable costs a...
Contribution Margin
Lanning Company sells 160,000 units at $45 per unit. Variable costs are $27 per unit, and fixed costs are $975,000.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.
a. Contribution margin ratio | % | |
b. Unit contribution margin | $ | per unit |
c. Income from operations | $ |
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