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Waite Company sells 250,000 units at $120 per unit. Variable costs are $78 per unit,...

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Question

Accounting

Waite Company sells 250,000 units at $120 per unit. Variable costs are $78 per unit, and fixed costs are $8,175,000. Determine:

  1. The contribution margin ratio
  2. The unit contribution margin
  3. Operating income

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