Bluegill Company sells 11,500 units at $360 per unit. Fixed costs are $207,000 and income from...

Question

Question

Bluegill Company sells 11,500 units at $360 per unit. Fixed costs are $207,000 and income from operations is $2,691,000. Dete

Answer 1

Answer #1

Total Contribution margin - Fixed cost = Operating income

(360 - Variable cost per unit) *11,500 - 207,000 = 2,691,000

Answer 2

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