Bluegill Company sells 15,000 units at $80 per unit. Fixed costs are $60,000, and income from...

Bluegill Company sells 15,000 units at $80 per unit. Fixed costs are $60,000, and income from operations is $300,000. Determine the following: Round the contribution margin ratio to two decimal places.

a. Variable cost per unit	$
b. Unit contribution margin	$	per unit
c. Contribution margin ratio		%

Expert Solution

ekkarill92 answered 3 months ago

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