Question
If a company had a contribution margin of $300,000 and a contribution margin ratio of 30%, total variable costs must have been: 1-300,000 2-1,000,000 3-700,000
If a company had a contribution margin of $300,000 and a contribution margin ratio of 30%, total variable costs must have been:
1-300,000
2-1,000,000
3-700,000
4-580,000
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Intermediate accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson
7th edition
978-0077614041, 9780077446475, 77614046, 007744647X, 77647092, 978-0077647094
