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Titanium, Inc. reports the following information for April: Alpha Beta Units sold 3,000 units 750 units Sales price per unit $350 $600 Variable manufacturing cost
Titanium, Inc. reports the following information for April:
Alpha | Beta | |
Units sold | 3,000 units | 750 units |
Sales price per unit | $350 | $600 |
Variable manufacturing cost per unit | 200 | 500 |
Sales commission per unit: | ||
Alpha: 8% of sales price | 28 | |
Beta: 6% of sales price | 36 |
What is the contribution margin ratio of Beta? (Round your answer to two decimal places.)
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