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Harry Company sells 35,000 units at $48 per unit. Variable costs are $31.20 per unit, and fixed costs are $188,200.
Determine (a) the contribution margin ratio, (b) the unit contribution margin, and (c) income from operations.
| 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. Income from operations | $fill in the blank 3 | |
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