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LiChan LiChan
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7 years ago
The following data is provided for Rock On, Inc.
   Sales price per unit   $12
   Variable cost per unit   7
   Total fixed costs   $250,000
What is Rock On's contribution margin ratio?
A) 63.16%.
B) 71.43%.
C) 41.67%.
D) 58.33%.
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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mourningbirdmourningbird
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7 years ago
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LiChan Author
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#2
7 years ago
Was looking for this exact answer, thanks
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#3
7 years ago
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