Question
Brief Exercise 19-3 (Part Level Submission) Eastland Corp. had total variable costs of $160,320, total fixed costs of $113,100, and total revenues of $250,500. (a1)
Brief Exercise 19-3 (Part Level Submission)
Eastland Corp. had total variable costs of $160,320, total fixed costs of $113,100, and total revenues of $250,500.
(a1)
Calculate contribution margin ratio.
Contribution margin ratio
%
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
