Question
Carolina Products sells a unique item with the following information available: Sales price $40 per unit, Variable costs $12 per unit, Fixed Costs $84,000. Units
Carolina Products sells a unique item with the following information available: Sales price $40 per unit, Variable costs $12 per unit, Fixed Costs $84,000. Units produced and sold 4,000.What is the contribution margin ratio?
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Financial Accounting with International Financial Reporting Standards
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
4th edition
1119504309, 1-119-50340-8, 9781119503408 , 978-1119504306
