Question
In the current period, Rabbitt Corporation sold 4,000 units of its product, recording total sales $155,400. Rabbitts variable expense ratio was 60% and fixed expenses
In the current period, Rabbitt Corporation sold 4,000 units of its product, recording total sales $155,400. Rabbitts variable expense ratio was 60% and fixed expenses were $50,000. If Rabbitts sales increased to 4,500 units, its total contribution margin would be closest to:
| a. | $ 69,930 | |
| b. | $ 93,240 | |
| c. | $ 62,100 | |
| d. | $104,895 |
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Research Methods In Accounting
Authors: Malcolm Smith
5th Edition
1526490676, 978-1526490674
