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Last year, Flamboyant Facsimiles had total revenue of $495,500, while operating at 100% of capacity. The total of its variable cost is $150,000. Fixed costs
Last year, Flamboyant Facsimiles had total revenue of $495,500, while operating at 100% of capacity. The total of its variable cost is $150,000. Fixed costs were $80,000. What is Flamboyant's contribution rate? Question 20Answer a. 69.7% b. 38.8% c. 58.8% d. 83.9% e. 52.8%
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