Question
Parsons Company makes calendars. Information on cost per unit is as follows: Direct materials $4.80 Direct labor $2.80 Variable overhead $2.50 Variable marketing expense $2.00
Parsons Company makes calendars. Information on cost per unit is as follows: Direct materials $4.80 Direct labor $2.80 Variable overhead $2.50 Variable marketing expense $2.00 Fixed marketing expense totaled $29,000 and fixed administrative expense totaled $99,000. The price per calendar is $19. What is the contribution margin ratio?
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Have More Money Now A Commonsense Approach To Financial Management
Authors: John Layfield
1st Edition
0743466330,1416595775
