Question
Vaughn Company has sales of $495000, variable costs of $402930, and fixed costs of $29000. Cullumber Company has sales of $495000, variable costs of $205000,
Vaughn Company has sales of $495000, variable costs of $402930, and fixed costs of $29000. Cullumber Company has sales of $495000, variable costs of $205000, and fixed costs of $258000. Vaughn's contribution margin ratio is
O 81%. O 19%. 94%. O 59%.
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
