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Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2019. Sales 2,430 units Sales price $40 per unit Variable costs $20
Blossom Bucket Co., a manufacturer of rain barrels, had the following data for 2019.
Sales | 2,430 | units | |
Sales price | $40 | per unit | |
Variable costs | $20 | per unit | |
Fixed costs | $21,870 |
(a)
What is the contribution margin ratio?
Contribution margin ratio | enter the Contribution margin ratio in percentages | % |
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