Question
Wang Co manufactures and sells a single product that sells for $600 per unit; variable costs are $324 per unit. Annual fixed costs are $984,400.
Wang Co manufactures and sells a single product that sells for $600 per unit; variable costs are $324 per unit. Annual fixed costs are $984,400. Current sales volume is $4,340,000. Compute the contribution margin ratio.
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Managerial Accounting
Authors: Carl S Warren, James M Reeve, Jonathan Duchac
12th Edition
1133952402, 978-1133952404
