Patel manufacturing sold 200000 units of its product for 30


Patel Manufacturing sold 200,000 units of its product for $30 per unit in 2008. Variable cost per unit is $25 and total fixed costs are 800,000.

1. Calculate (a) contribution margin and (b) operating income.

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Financial Accounting: Patel manufacturing sold 200000 units of its product for 30
Reference No:- TGS01584331

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