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Reference: 04-09 Fletcher Company has three products with the following characteristics: Product A Product B Product C Monthly sales in dollars $60,000 $80,000 $100,000 Contribution
Reference: 04-09
Fletcher Company has three products with the following characteristics:
Fixed Costs = $30,000 per month.
Assume sales next year total $240,000; product A $70,000, product B $90,000 and C $80,000. Total Contribution Margin for Fletcher will be closest to:
Fletcher Company has three products with the following characteristics:
Product A | Product B | Product C | |
Monthly sales in dollars | $60,000 | $80,000 | $100,000 |
Contribution margin ratio | 20% | 40% | 16% |
Assume sales next year total $240,000; product A $70,000, product B $90,000 and C $80,000. Total Contribution Margin for Fletcher will be closest to:
$30,000. | ||
$62,800. | ||
$32,800. | ||
$60,000. |
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