Question
Eastland Corp. had total variable costs of $176,610, total fixed costs of $118,400, and total revenues of $252,300. Calculate contribution margin ratio. ***Would you explain
Eastland Corp. had total variable costs of $176,610, total fixed costs of $118,400, and total revenues of $252,300.
Calculate contribution margin ratio.
***Would you explain how to derive total revenues of 252,300?***
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Management Accounting
Authors: Will Seal, Carsten Rohde, Ray Garrison, Eric Noreen
6th Edition
0077185536, 978-0077185534
