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Bluegill Company sells 8,500 units at $380 per unit. Fixed costs are $161,500, and income from operations is $1,776,500. Dete
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Answer #1

Total Contribution margin = Net operating income + Fixed cost

= 1,776,500 + 161,500 = 1,938,000

Contribution margin per unit = 1,938,000/8500 = 228

Variable cost per unit (380-228) 152
Unit contribution margin 228
Contribution margin ratio (220/380) 57.89%

I have rounded some numbers. Comment if you face any issues

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