Question
Sunland Company reported the following information for the current year: Sales (51000 units) $1020000, direct materials and direct labor $510000, other variable costs $51000, and
Sunland Company reported the following information for the current year: Sales (51000 units) $1020000, direct materials and direct labor $510000, other variable costs $51000, and fixed costs $360000. What is Sunlands contribution margin ratio?
|
| 55%. |
|
| 45%. |
|
| 32%. |
|
| 68%. |
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th International Edition
125909524X, 9781259095245
