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The Cumberland Company provides the following information: Sales (250,000 units) $625,000 Manufacturing costs: Variable 212,500 Fixed 37,500 Selling and administrative costs: Variable 100,000 Fixed 25,000
The Cumberland Company provides the following information:
| Sales (250,000 units) | $625,000 |
| Manufacturing costs: | |
| Variable | 212,500 |
| Fixed | 37,500 |
| Selling and administrative costs: | |
| Variable | 100,000 |
| Fixed | 25,000 |
What is the contribution margin ratio for Cumberland?
a.0.76
b.0.34
c.0.16
d.0.50
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Becker CPA Exam Final Review Auditing
Authors: Becker
1st Edition
1943628521, 978-1943628520
