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SethHuddleston SethHuddleston
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7 years ago
Bovous Stores, Inc., sells several products. Information of average revenue and costs is as follows:

Selling price per unit$20.00
Variable costs per unit:
Direct material$4.00
Direct manufacturing labor$1.60
Manufacturing overhead$0.40
Selling costs$2.00
Annual fixed costs$96,000

What is the contribution margin percentage?
A) 60%
B) 66%
C) 33%
D) 55%
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marisastudiesmarisastudies
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Posts: 204
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7 years ago
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SethHuddleston Author
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7 years ago
Just got PERFECT on my quiz
Shuqin
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Yesterday
Thanks
Ivansitospeed@g
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2 hours ago
Good timing, thanks!
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