Dalida Corp. sells a single product at a price of $80/unit. The variable cost/unit is $50 and

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Dalida Corp. sells a single product at a price of $80/unit. The variable cost/unit is $50 and the company incurs total fixed costs of $180,000.

What is the contribution margin ratio of the product?

a. 0.500

b. 0.375

c. 0.625

d. 0.475

e. 0.275

Related Book For answer-question

Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Posted Date: Jan 29, 2024 07:01 AM

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Dalida Corp. sells a single product at a price of $80/unit. The variable cost/unit is $50 and

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Precalculus

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