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Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income Sales price per unit Variable cost per
Psari's, a company that sells fishing nets, provides the following information about its product: Targeted operating income Sales price per unit Variable cost per unit Total fixed costs $60,000 10.00 3.00 110,000 What is the contribution margin ratio? (Round any intermediate calculations and your final answer to two decimal places.) A. 150% OB. 30% OC. 100% OD. 70%
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
