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Lincoln Corp. has total costs of $86264 and uses full absorption costing. The company sells its...

Lincoln Corp. has total costs of $86264 and uses full absorption costing. The company sells its product for $10 per unit and has a sales volume of 18972 units. 58% of Lincoln's costs are related to manufacturing. What is Lincoln's gross margin percentage? Give answer as a percentage.

Lincoln has fixed costs of $40557. What is Lincoln's contribution margin per unit? (Assume all costs are either fixed or variable.)

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The answer has been presenetd in the supporting sheet., For detailed answer refer to the supporting sheet.

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