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Stephen Company has the following data for its three stores last year: Store A Contribution margin ratio ? Contribution margin ? Variable expenses $240,000 Variable
Stephen Company has the following data for its three stores last year: Store A Contribution margin ratio ? Contribution margin ? Variable expenses $240,000 Variable expenses as a percentage of sales 60% Store B Contribution margin ratio 20% Contribution margin $120,000 Variable expenses ? Variable expenses as a percentage of sales ? Store C Contribution margin ratio 40% Contribution margin ? Variable expenses $150,000 Variable expenses as a percentage of sales ? Given the above data, the total company sales were: 1) $1,250,000. 2) $1,375,000. 3) $1,450,000. 4) $ 800,000
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