Multiple Choice
Desjardin's makes power tools. The budgeted sales are $550,000, budgeted variable costs are $230,000, and budgeted fixed costs are $227,500.
-Refer to the Figure.What is the contribution ratio?
A) 35%
B) 50%
C) 58%
D) 65%
Correct Answer:
Verified
Correct Answer:
Verified
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