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Deprecated Deprecated
wrote...
Posts: 2784
7 years ago
Gainesville Company has provided the following information:

Sales price per unit   $56
Variable cost per unit   12
Fixed costs per month   $12,000

Calculate the contribution margin ratio. (Round your answer to two decimal places.)
A) 78.57%
B) 82.35%
C) 21.43%
D) 64.71%
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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Deprecated Author
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7 years ago
Thanks!
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7 years ago
Happy to help Smiling Face with Open Mouth
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3 years ago
Thanks
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