Question
A company that produces and sells a single product, has provided its contribution format income statement for January. Sales (4,200 units) $ 155,400 Variable expenses
A company that produces and sells a single product, has provided its contribution format income statement for January.
| Sales (4,200 units) | $ | 155,400 |
| Variable expenses |
| 100,800 |
| Contribution margin |
| 54,600 |
| Fixed expenses |
| 42,400 |
| Net operating income | $ | 12,200 |
What is the contribution margin ratio?
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Internal Control And Internal Audit In Non Profit Organizations A Practical Model
Authors: Kamal Bayramov
1st Edition
6203464015, 978-6203464016
