Blueheads Company has an after-tax profit of P140,000. Blueheads has a return on sales of 20% and the tax rate is 30%. The total fixed costs of Blueheads amounts to P100,000, what is the contribution margin ratio if the sales volume increases to 150%? round of your answers to four decimal places

Answer rating: 100% (QA)

To calculate the contribution margin ratio we first need to find the sales amount Given that the aft... View the full answer