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Calculate contribution margin per ham

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Question - Harry's Ham, Inc. sells hams during the major holiday seasons. During the current year 11,000 hams were sold resulting in $220,000 of sales revenue, $55,000 of variable costs, and $24,000 of fixed costs.

Calculate contribution margin per ham.

If sales increase by $40,000, how much will operating income increase?

Reference no: EM131840605

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