Boswell company reported the following information for the current year: Sales (50,000 units) $1,000,000, direct materials...
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Boswell company reported the following information for the current year: Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50.000. and fixed costs $360,000. What is Boswell's contribution margin ratio? OA. 329. OB. 68%. OC. 45%. D.559. Boswell company reported the following information for the current year: Sales (50,000 units) $1,000,000, direct materials and direct labor $500,000, other variable costs $50.000. and fixed costs $360,000. What is Boswell's contribution margin ratio? OA. 329. OB. 68%. OC. 45%. D.559.
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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