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Actual subject is Marketing Metrics. Roadside Inc. manufactures the Megalite, and is reviewing the product's cost structure. Accounting records show these costs: factory space: $250,000

Actual subject is Marketing Metrics. image text in transcribed
Roadside Inc. manufactures the Megalite, and is reviewing the product's cost structure. Accounting records show these costs: factory space: $250,000 per year insurance: $47,000 per year supervisor salaries: $125,000 per year materials: $7.05 per lamp direct labor: $2.54 per lamp recycling charge: $0.49 per lamp Roadside Inc sells the Megalite to wholesalers for $16.69 each. Calculate Roadside' contribution margin as percent of selling price on the Megalite. (Rounding: tenth of percent. Report 25.3%, for example, as "25.3".)

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