Mark Corporation produces two models of calculators. The Business model sells for $50, and the Math model sells for $30. The variable expenses are given below:<\/p>
Business<\/p>
ModelMath<\/p>
Model Variable production costs per unit$20 $21 Variable selling and administrative expenses per unit$ 5 $ 2 The fixed expenses are $74,000 per month. The expected monthly sales of each model are: Business, 2,100 units; Math, 1,600 units.<\/p>
The contribution margin ratio for the Business model is: (Do not round intermediate calculations.)<\/strong>60%<\/p> 30%<\/p> 50%<\/p> 70%<\/p>",
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"edition": "1st Global Edition",
"authors": "Naresh K. Malhotra",
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"question_posted": "2024-06-17 14:34:46",
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