Ferrante Company sells 15,000 units at $47 per unit. Variable costs are $31.96 per unit, and fixed costs are $76,700.Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.a. Contribution margin ratio (Enter as a whole number.)fill in the blank 1%b. Unit contribution margin (Round to the nearest cent.)$fill in the blank 2per unitc. Income from operations$fill in the blank 3

Answer to the fallowing above three parts a)Contribution Margin Ratio: 32% b)Unit Contribution…

Answered: . Contribution margin ratio (Enter as…

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 2BE: Contribution margin Waite Company sells 250,000 units at 120 per unit. Variable costs are 78 per...

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Ferrante Company sells 15,000 units at $47 per unit. Variable costs are $31.96 per unit, and fixed costs are $76,700.

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.)	fill in the blank 1	%
b. Unit contribution margin (Round to the nearest cent.)	$fill in the blank 2	per unit
c. Income from operations	$fill in the blank 3

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