Question
Sarah Smith, a sole proprietor, has the following projected figures for next year: Variable cost per unit $148.00 Contribution margin per unit $ 52.00 Total
Sarah Smith, a sole proprietor, has the following projected figures for next year:
Variable cost per unit $148.00
Contribution margin per unit $ 52.00
Total fixed costs $ 550,000
What is the contribution margin ratio?
74.00%
26.00%
35.14%
52.00%
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
15th edition
978-0133428704
