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ABC Company's sales were $180,000 for 2016. Fixed costs were $80,000 and variable costs were $100,000. What was the contribution margin ratio? A. 44% B.
ABC Company's sales were $180,000 for 2016. Fixed costs were $80,000 and variable costs were $100,000. What was the contribution margin ratio?
A. 44%
B. 56%
C. 33%
D. 25%
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Management And Cost Accounting
Authors: Charles T. Horngren, George Foster, Srikant M. Datar
3rd Edition
