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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Brittany Furniture manufactures two products: Futons and Recliners. The following data are available:

   Futons   Recliners
Sales price   $500.00   $480.00
Variable costs   $325.00   $120.00

The company can manufacture two futons per machine hour and one recliner per machine hour. The company's production capacity is 900 machine hours per month.

What is the contribution margin ratio for futons?
A) 35.00%
B) 37.50%
C) 53.85%
D) 165.00%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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8 years ago
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bernie2981 Author
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#2
8 years ago
You're such a dedicated member, I very much appreciate the help.

Marking this solved ✓
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