Question
Cabrera enterprises, a company that produces and sells a single product has provided its contribution format income statement Sales (81,000 units) 2,852,500 Variable Expense 998,375
Cabrera enterprises, a company that produces and sells a single product has provided its contribution format income statement
Sales (81,000 units) 2,852,500
Variable Expense 998,375
Contribution Margain 1,854,125
Fixed Expenses 960,000
Net operating Income 894,125
Calculate the contribution margin ratio for the company. Round to one decimal place. (XX.X%)
Cabrera enterprises, a company that produces and sells a single product has provided its contribution format income statement
Sales (81,000 units) 2,852,500
Variable Expense 998,375
Contribution Margain 1,854,125
Fixed Expenses 960,000
Net operating Income 894,125
Calculate the contribution margin ratio for the company. Round to one decimal place. (XX.X%)
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The Practice Of Modern Internal Auditing
Authors: Lawrence B Sawyer
1st Edition
B0006C58OA, 978-0894130120
