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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Brigg's Breakfast Appliances manufactures two products: Waffle Makers and Coffee Makers. The following data are available:

   Waffle Makers   Coffee Makers
Sales price   $120   $215
Variable cost   $45   $150

The company can manufacture two waffle makers per machine hour and three coffee makers per machine hour. The company's production capacity is 1,200 machine hours per month.

What is the contribution margin ratio for waffle makers?
A) 30.23%
B) 137.50%
C) 62.50%
D) 166.67%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
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8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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