Assume a selling price of $20 per unit, variable cost per unit of $12, and total fixed cost of $500.If 200 units are sold, calculate the contribution margin and the operating income.

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The Answer of Assume a selling price of $20 per unit, variable cost per unit of $12, and total fixed cost of $500.If 200 units are sold, calculate the contribution margin and the operating income.

Assume a Selling Price of $20 Per Unit, Variable Cost