Sooner industries charges a price of 91 and has fixed cost

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Sooner Industries charges a price of $91 and has fixed cost of $375,500. Next year, Sooner expects to sell 18,200 units and make operating income of $153,000. What is the variable cost per unit? What is the contribution margin ratio? Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places.

Variable cost per unit $
Contribution margin ratio %

Reference no: EM13587787

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