Question
Crane Company has sales of $502000, variable costs of $434230, and fixed costs of $26000. Wildhorse Company has sales of $502000, variable costs of $209000,
Crane Company has sales of $502000, variable costs of $434230, and fixed costs of $26000. Wildhorse Company has sales of $502000, variable costs of $209000, and fixed costs of $255000. Crane's contribution margin ratio is
O 14%.
O 58%.
O 95%.
O 87%.
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Introductory Accounting Finance And Auditing For Lawyers
Authors: Lawrence Cunningham
6th Edition
0314280456, 978-0314280459
