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666666666666666 Moon Karak sells tea. The average selling price of a cup is OMR 0.450 and the average variable expense per cup is OMR 0.150.

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Moon Karak sells tea. The average selling price of a cup is OMR 0.450 and the average variable expense per cup is OMR 0.150. The average fixed expense per month is OMR 500. An average of 3,100 cups are sold each month. Contribution margin ratio for Moon Karak is closest to: Select one: a. None of the answers given O b. 70.0% O c. 66.7% O d. 30.0% O e. 72.7%

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