Determine the contribution margin ratio

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Question: Harry Company sells 38,000 units at $27 per unit. Variable costs are $18.09 per unit, and fixed costs are $105,000. Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.

Reference no: EM133424208

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Determine the contribution margin ratio : Harry Company sells 38,000 units at $27 per unit. Variable costs are $18.09 per unit, and fixed costs are $105,000. Determine (a) the contribution margin ratio

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