Calculate contribution margin and operating income

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Reference no: EM131202160

Patel Manufacturing sold 200,000 units of its product for $30 per unit in 2008. Variable cost per unit is $25 and total fixed costs are 800,000.

1. Calculate (a) contribution margin and (b) operating income.

Reference no: EM131202160

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Calculate contribution margin and operating income : Patel Manufacturing sold 200,000 units of its product for $30 per unit in 2008. Variable cost per unit is $25 and total fixed costs are 800,000. Calculate (a) contribution margin and (b) operating income.

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