Revenue (11000 * 110) 1210000
fixed Cost 385500
variable cost 698950 (balance figure)
Operating Income 125550
Variable cost per unit = 698950/11000
variable cost per unit = 63.54
Contribution margin ratio = (Sales - Variable cost) / Sales * 100
Contribution margin ratio = (1210000 - 698950 ) / 1210000
Contribution margin ratio = 0.42 or 42%
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