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A hotel has an average daily rate (ADR) of $50, fixed costs for each of 2,200 rooms sold during the month of $15, and a
A hotel has an average daily rate (ADR) of $50, fixed costs for each of 2,200 rooms sold during the month of $15, and a variable cost percentage of 20%. Its contribution margin is:
| $15. |
| $35. |
| $40. |
| $50. |
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Accounting For Non-Accounting Students
Authors: John R. Dyson, Ellie Franklin
9th Edition
978-1292128979, 1292128976
