Molly company sells 39,000 units at $42 per unit. Variable costs are $33.6 per unit, and fixed costs are $154,000. 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.) %
b. Unit contribution margin (round to the nearest cent.) $ per unit
c. Income from operations $
