Question
Maria Manufacturing Company sold 100,000 products during 2020: Sales $2,000,000 Variable costs: Materials $300,000 Order processing $230,000 Billing labor $100,000 Selling expenses $70,000 Total variable
Maria Manufacturing Company sold 100,000 products during 2020:
Sales | $2,000,000 | |
Variable costs: | ||
Materials | $300,000 | |
Order processing | $230,000 | |
Billing labor | $100,000 | |
Selling expenses | $70,000 | |
Total variable costs | $700,000 | |
Fixed costs | $1,000,000 |
Compute the contribution margin ratio?
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
