Molly Company sells 39,000 units at $35 per unit. Variable costs are $22.05 per unit, and fixed costs are $207,100.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) operating income.
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. Operating income