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Home Q & A Board Other Fields Homework Help Business Accounting
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billyd1996 billyd1996
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5 years ago
Quality Stores, Inc., sells several products. Information of average revenue and costs is as follows:

Selling price per unit$20
Variable costs per unit:
Direct material$4
Direct manufacturing labor$1.80
Manufacturing overhead$0.4
Selling costs$3
Annual fixed costs$96,000

What is the contribution margin percentage? (Round your answer to the nearest whole percent.)
A) 54%
B) 69%
C) 43%
D) 47%
Textbook 
Cost Accounting: A Managerial Emphasis

Cost Accounting: A Managerial Emphasis


Edition: 16th
Authors:
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foxrcng11foxrcng11
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5 years ago
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billyd1996 Author
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5 years ago
White Heavy Checkmark
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5 years ago
Don't forget to rate the answer too
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