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Fruity Pebbles Apparel sells fruit themed shirts at $58.00 per shirt. It incurs monthly fixed costs of $10,000. The contribution margin ratio is calculated to
Fruity Pebbles Apparel sells fruit themed shirts at $58.00 per shirt. It incurs monthly fixed costs of $10,000. The contribution margin ratio is calculated to be 10%. What is the variable cost per shirt? (Round any intermediate calculations and your final answer to two decimal places.) O $58.00 per shirt O $52.20 per shirt O $5.80 per shirt O $63.80 per shirt
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