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Multiple Choice Question 112 Concord Corporation reported the following information for the current year: Sales (42000 units) $840000, direct materials and direct labor $420000, other
Multiple Choice Question 112 Concord Corporation reported the following information for the current year: Sales (42000 units) $840000, direct materials and direct labor $420000, other variable costs $50400, and fixed costs $360000. What is Concord's contribution margin ratio? 71%. 44%. 29%. 56%. Multiple Choice Question 130 Pharoah's sells two products, a pepper relish with a selling price of $4.46 and a variable cost per jar of $1.92 and a blackberry marmalade with a selling price of $4.46 and a variable cost per jar of $1.82. Pharoah's expected sale are 900 jars of pepper relish and 1350 jars of blackberry marmalade. Fixed expenses are $6390. What is Pharoah's weighted average contribution margin? 2.54 2.60 2.64 2.58 Click if you would like to Show Work for this question: Open Show Work
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