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Lucky Products markets 2 computer games: Predator and Runway. A contribution format income statement for a recent month for the 2 games appears below: Predator
Lucky Products markets 2 computer games: Predator and Runway. A contribution format income statement for a recent month for the 2 games appears below: Predator Runway Total Sales 100,000 50,000 150,000 Variable Expenses 25,000 5,000 30,000 Contribution margin 75,000 45,000 120,000 Fixed Expenses 90,000 Net Operating Income What is the variable expense ratio and the contribution margin ratio for the Runway Division?
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