Question
OntarioTech Inc has one product with a selling price per unit of $220, Unit variable cost is $121, Total monthly Fix cost are $752000. Calculate
OntarioTech Inc has one product with a selling price per unit of $220,
Unit variable cost is $121,
Total monthly Fix cost are $752000.
Calculate
What is their contribution Margin Ratio?
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
The contribution margin ratio is the percentage of each sale th...
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Step: 2
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Cost Management A Strategic Emphasis
Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith
8th Edition
1259917029, 978-1259917028
