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bernie2981 bernie2981
wrote...
Posts: 3810
8 years ago
Dairy Days Ice Cream sells ice cream cones for $4 per customer. Variable costs are $3 per cone. Fixed costs are $2,500 per month. What is Dairy Days' contribution margin ratio?
A) 63%
B) 2%
C) 267%
D) 25%
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
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nucleinuclei
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Posts: 2158
8 years ago
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bernie2981 Author
wrote...
8 years ago
Wow! Thank you
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