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Day Crusing operates a pontoon boat rental business. Assume the boat rent for $60 per 6 hours. The variable costs are $35 per 6
Day Crusing operates a pontoon boat rental business. Assume the boat rent for $60 per 6 hours. The variable costs are $35 per 6 hours rental, and its fixed costs are $70,000 each month. What is the contribution margin ratio? A. 58% OB. 24% C. 25% OD. 42%
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College Accounting A Contemporary Approach
Authors: David Haddock, John Price, Michael Farina
3rd edition
77639731, 978-0077639730
