Willie Company sells 34,000 units at $47 per unit. Variable costs are $32.43 per unit, and fixed costs are $213,000. 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 $fill in the blank 3

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Willie Company sells 34,000 units at $47 per unit. Variable costs are $32.43 per unit, and fixed costs are $213,000.

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 $fill in the blank 3  
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