Solved

If Selling Price Is $100 Per Unit, Variable Cost Is

Question 38

Multiple Choice

If selling price is $100 per unit, variable cost is $70 per unit, and fixed cost is $200, calculate the contribution margin ratio.

A) 14%
B) 30%
C) 200%
D) 50%

Related Questions

Q33: A scattergraph is simply a graph that

Q34: Unlike the scattergraph, the high-low method requires

Q35: Discretionary fixed costs are fixed costs that

Q36: Children's World Toy Shop is an online

Q37: Indicate which of the following costs are

Q39: MousePad Computer Company, in addition to its

Q40: Mike Mounts has a membership at the

Q41: A company's sales and production levels are

Q42: If activity level decreases, what happens to

Q43: Welk's Weekend Spa charges $75 for a