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Determine the contribution margin ratio

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Reference no: EM132685522

Problem - Contribution margin - United Merchants Company sells 4,000 units at $60 per unit. Variable costs are $45 per unit, and fixed costs are $40,000.

Required -

(a) Determine the contribution margin ratio.

(b) Determine the unit contribution margin.

(c) Determine income from operations.

Reference no: EM132685522

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