Question
MacCloud Industries has two divisions%u2014Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available:
MacCloud Industries has two divisions%u2014Standard and Premium. Each division has hundreds of different types of tennis racquets and tennis products. The following information is available: Standard Division Premium Division Total Sales $400,000 $600,000 $1,000,000 Variable costs 280,000 360,000 Contribution margin $120,000 $240,000 Total fixed costs $320,000
What is the weighted-average contribution margin ratio?
a50%
b34%
c36%
d35%
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Managerial Accounting Tools For Business Decision Making
Authors: Strayer University
2010th Custom Edition
0470603534, 978-0470603536
