In the last reporting period, Helena's Heavenly Fixture Company recorded 100,000 units sold for the first time in the history of the company. The price per unit was $89.99 and variable costs per unit at $36.39. Showing all work in the space provided, compute the contribution margin. Next, compute the fixed costs if the operating income is $4,020,000.

Answer and Explanation:

The computation is shown below:

For the contribution margin

= Number of units sold × (Selling price - variable cost)

= 100,000 units × ($89.99 - $36.69)

= $5,360,000

Now the fixed cost is

= Contribution margin - operating income

= $5,360,000 - $4,020,000

= $1,340,000

hence, the same is to be relevant

B. It hurt the expansion of the middle class because the factory system replaced the domesticity of goods, in which individual workers would use personal tools or simple machinery to fabricate goods in their own homes. These craftsmen were forced to take lower-paying factory jobs.