Solved

If the Contribution Margin Ratio for Harrison Company Is 38%,sales

Question 12

Multiple Choice

If the contribution margin ratio for Harrison Company is 38%,sales were $425,000,and fixed costs were $100,000,what was the income from operations?


A) $163,500
B) $161,500
C) $54,730
D) $61,500

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions