Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Bramble Company has sales of $510000, variable costs of $452880, and fixed costs of $30000. Cullumber Company has sales of $510000, variable costs of $194000,

Bramble Company has sales of $510000, variable costs of $452880, and fixed costs of $30000. Cullumber Company has sales of $510000, variable costs of $194000, and fixed costs of $243000. Brambles contribution margin ratio is

a.

11.20%.

b.

61.96%.

c.

88.80%.

d.

94.12%.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions