Multiple Choice
Lie Around Furniture manufactures two products: Couches and Beds. The following data are available: The company can manufacture two couches per machine hour and one bed per machine hour. The company's production capacity is 8300 machine hours per month.
What is the contribution margin ratio for Couches?
A) 30.91%
B) 44.74%
C) 169.09%
D) 46.00%
Correct Answer:

Verified
Correct Answer:
Verified
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