Question
Dejounte Corp had a margin of safety of $134,251 last month, with sales revenue of $847,153 and fixed costs of $205,351. What is the contribution
Dejounte Corp had a margin of safety of $134,251 last month, with sales revenue of $847,153 and fixed costs of $205,351.
What is the contribution margin ratio? _____Percentage
Round your answer 2 decimals. For example, if your answer is .1012, answer 10.12
Please show your work
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Principles Of Financial Auditing
Authors: Athmane Mokhbi
1st Edition
B09LGTJJFG, 979-8763532265
