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Title: Jack's Toys sells kites for $20 each. Variable costs are $8 per kite. Fixed costs are $2,400 per mon Post by: bernie2981 on Nov 14, 2015 Jack's Toys sells kites for $20 each. Variable costs are $8 per kite. Fixed costs are $2,400 per month. What is the contribution margin ratio for the kites?
A) 167% B) 40% C) 12% D) 60% Title: Re: Jack's Toys sells kites for $20 each. Variable costs are $8 per kite. Fixed costs are $2,400 per Post by: nuclei on Nov 15, 2015 Content hidden
Title: Re: Jack's Toys sells kites for $20 each. Variable costs are $8 per kite. Fixed costs are $2,400 per mon Post by: bernie2981 on Dec 1, 2015 You're such a dedicated member, I very much appreciate the help.
Marking this solved ✓ |