Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Neurosciencie Neurosciencie
wrote...
Go to Answer
Posts: 161
Rep: 0 0
A year ago
Suppose Kathy Lentz Company sells hand tatted lace for $25 per yard. Her materials cost $4 per yard and labor costs her $10 per yard. She also estimates her fixed cost to be $50 per month. If she sells 2,000 yards of lace during the month, what is her contribution margin ratio?
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 72 times
1 Reply
Replies
Answer verified by a subject expert
TAE29TAE29
wrote...
#1
Posts: 126
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Neurosciencie Author
wrote...

A year ago
You make an excellent tutor!
choih94
wrote...

Yesterday
This site is awesome
my2redeyes
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1815 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 740
  
 211
  
 259
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Which industry do you think artificial intelligence (AI) will impact the most?