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Carmelita company sells 40000 units at 18 per unit fixed

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Carmelita Company sells 40,000 units at $18 per unit. Fixed costs are $62,000 and income from operations is $258,000. Determine the following. Round the contribution margin ratio to two decimal places.

a. Variable cost per unit $
b. Unit contribution margin $ per unit
c. Contribution margin ratio
%

Reference no: EM13570256

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