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Wang Company manufactures and sells a single product that sells for $620 per unit; variable costs are $372 per unit. Annual fixed costs are $868,000.
Wang Company manufactures and sells a single product that sells for $620 per unit; variable costs are $372 per unit. Annual fixed costs are $868,000. Current sales volume is $4,370,000. Compute the contribution margin ratio. Multiple Choice O 40.0% 66.7% 19.8%. 50.0% 20.2%. 
$620-$372=$248/$620= 40.0% morgin tatio. Maye Chaq 4005 nen soon: 2024
Wang Company manufactures and sells a single product that sells for $620 per unit; variable costs are $372 per unit. Annual fixed costs are $868,000. Current sales volume is $4,370,000. Compute the contribution margin ratio. Multiple Choice O 40.0% 66.7% 19.8%. 50.0% 20.2%.
$620-$372=$248/$620= 40.0%
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