Question
In June, Wisc Co. rented out 150 bulldozers at an average price of 5,000 each. During the month, fixed costs were 350,000 and variable costs
In June, Wisc Co. rented out 150 bulldozers at an average price of 5,000 each. During the month, fixed costs were 350,000 and variable costs were 65% of sales. Calculate the contribution margin (ratio):
_________% <--- Answer
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Data Analytics for Accounting
Authors: Vernon Richardson
1st edition
1260375196, 9781260375183 , 978-1260375190
