Question
Hanna Company has the following data Month Operating profit Sales January 180,000 1,000,000 February 220,000 1,200,000 Using High Low Method,the contribution margin percentage is a.
Hanna Company has the following data | ||
Month | Operating profit | Sales |
January | 180,000 | 1,000,000 |
February | 220,000 | 1,200,000 |
Using High Low Method,the contribution margin percentage is
| a. | 10% | |
| b. | 20% | |
| c. | 30% | |
| d. | 40% |
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Intermediate Accounting Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian Edition
1119497043, 978-1119497042
