Coultrap Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range: Sales (3,000 units) 180,000
Variable expenses 117,000
Contribution margin 63,000
Fixed expenses 48,300
Net operating income 14,700
1. What is the contribution margin per unit?
2. What is the contribution margin ratio?
3. What is the variable expense ratio?

You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)