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Bramble Corp. produces tinted SPF 100 moisturizer that it sells for $125 each. Each bottle costs $5 of variable costs to make. During the most
Bramble Corp. produces tinted SPF 100 moisturizer that it sells for $125 each. Each bottle costs $5 of variable costs to make. During the most recent quarter, 1200 bottles of moisturizer were manufactured and sold. Fixed costs for the quarter were $20 per unit for a total of $24000. What is the company's contribution margin ratio? 4% 5% 20% 96%
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