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Paney Company Makes Calendars

Question 140

Multiple Choice

Paney Company makes calendars.Information on cost per unit is as follows:
Paney Company makes calendars.Information on cost per unit is as follows: - Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000.The price per calendar is $10.What is the contribution margin ratio? A) 36% B) 40% C) 50% D) 60% E) 44%
- Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000.The price per calendar is $10.What is the contribution margin ratio?


A) 36%
B) 40%
C) 50%
D) 60%
E) 44%

Correct Answer:

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